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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

Post by tallpallon Feb 20, 2011 1:17pm
383 Views
Post# 18166631

Firesole

FiresoleYou said "For those with withdrawals due to BXE not trading on the TSX Monday..........

Try this: https://finance.yahoo.com/q?s=BLLXF.PK"

...well that likely will be a fairly static screen what with both the US and TSX markets closed on Monday. But, at the very least, it will be pretty pleasing to look at. That 31 cent pop on Friday was a real eye opener.

Talk about a possible price target of $24 does get the heart thumping a bit....but don't ya think the powers that be are pretty much settled at grooming this company for a takeout?

Of course these rumors might settle down in due course, and I hope they do, but right now they seem to point to takeover by one of those hungry big boys out there. If one were to pose a guess here, I'll go for $8.50 this Spring.
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