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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 Jun 29, 2012 10:34am
366 Views
Post# 20068273

back from holidays

back from holidays

BXE at the end of this year is producing roughly 40% of progress energy. Based on that info alone would put BXE in the $8.40 range.I know there are many other factors to compare but  I guess my point is we are grossly undervalued right now. My second point is that we are only going to see $8.50 a share if they sell the company. What concerns me most is that it appears they are in no hurry to sell as they have managed to shut us out of dividends which are being funelled through the Maple partnership. That is a P--- Off. SELL THE COMPANY!!!!!!!!  So we may all benefit.

 

GLTA.

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