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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 defuncton Apr 07, 2011 2:04pm
371 Views
Post# 18400092

I wonder

I wonderf the action of the stock today is the realization by some that with oil continuing to rise,another recession is about to start. In Ontario for example thanks to the HST, we are averaging around $1.28 a litre, this is dangerously close to the tipping point of 2008. I think it would be beneficial to all if it got back to the $90.00 range quickly, for we don't want to see the bubble burst and have oil go back down to $50 a barrel.
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