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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 Sep 11, 2011 4:15pm
230 Views
Post# 19030852

RE: RE: good40

RE: RE: good40Firesole3 said:
". If anything, analysts are very hard on BXE as they discount heavilytheir Cream-of-the Crop Cardium holdings, and give ZERO Value fortheir Duvernay holdings. Some of the biggest Oil companies in theWorld, and some of the best and brightest Canadian companies have justspent near a BILLION Dollars to acquire Duvernay drilling rights. Landsales for The Duvernay have set a new Alberta record for $$ perhectare/acre. There is a High Probability that these DuvernayHoldings will be Another game changer for BXE"

I agree.

BTW, the last time I saw such rediculous posts as by good40 here was on the HAT BB.  I doubled up on HAT at $1.65, and now it is at $4.12 awaiting a buyout(360,000 shares).  Last week I bought another 10% or 20,000 shares of BXE, as I expect it will be a takeout target, just like HAT.. With some luck I will cash out HAT before BXE gets an offer, and double up on BXE.  Way too cheap to be ignored!

I expect an offer before Xmas, unless the Canadian oil and gas industry is totally brain dead!  I would suggest $6+ would do it now, but if delayed, it would be $7+.

So, maybe these negative posters are a good sign?  They probably are sore losers who sell to me on the cheap, then scream bloody murder as they realize they blew the family fortune.. again!

good40..  the secret is BUY CHEAP, be patient, and SELL HIGH!

Oh, I did drop 50K or so on OIL too.  Stuff happens when the USA screws up.
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