Bellatrix Exploration Ltd (Canada) BXEFF

RE: RE: RE: Prediction....defunct

[defunct]

I am thinking that this JV announced by the South Koreans is just their way of testing the waters. They have invested in a company that has consistently outperformed their peers on the production side of things. Now, if BXE can continue to show outstanding results and  pay back the Koreans initial investment sooner rather than later, (which they can) then I would think that the buyout prospects improve dramatically. Also politically speaking, the chinese must hate the fact that other sovereign asian states and their companies are getting a foothold in the canadian market. If the drilling success continues, I believe BXE to be in bidding war sweet spot. One other thing to consider is that the JV deal is looked upon as a win for BXE, this also leads me to my belief in the first line.  I also think that this stock starts to move higher once the pipeline to the west coast is under construction.