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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 coorsmanon Jan 21, 2012 11:33pm
362 Views
Post# 19432151

Odd

Odd

One has to wonder exactly why the share price continues to struggle in the face of so many upgrades and raised target prices. Could this be yet another example of manipulation before a buyout, like DAY?

Yes, BXE is kindof gassy, and a lot of poorly informed people could be selling because of that. No matter, as those who ignore the noise and hold, or add to, their positions in BXE, know how to value their assets.

I am not buying or selling, as my cost base is in the mid 2's, so I can just sit back and let the company do what they do best, increase the value of my shares.

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