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Bellatrix Exploration Ltd (Canada) BXEFF

Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Comment by canoe2000on Feb 20, 2011 9:28am
313 Views
Post# 18166107

RE: RE: Takeover?

RE: RE: Takeover?"Well...I suppose some do think that, but then again most hope not.

BXE,if management performs like they have been, on the lands they alreadyown, will be ~ $10.00 per share by years end....or someone could Buy ItOut, Mid Year, and pay ~ $10.00 Per Share.

The huge Ferrier project, as at today Not in the NAV Mix,  could make the above prices change..... North Bound"



I prefer to own this company for 3 to 5 years to allow for it to grow, grow, grow.  That is how we get to $20, not a takeover.
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