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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 May 04, 2012 11:22am
185 Views
Post# 19871570

RE: Stupid me

RE: Stupid me

You have lots of company, thats for sure.  The fact remains that this is a growing company, and unless the world falls apart, which I do not subscribe to, the stock price will recover.

The WTI price is down, probably due to the "extra" oil at Cushing, and the current negative outlook.  Well, on the 17th, the reveresed pipeline will require 2 1/2 million bbls just to fill it, then the storage levels will look better.   I expect Canadian producers to get a better price then.

Patience is essential for investors.

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