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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Bullboard Posts
Comment by Goldbrix54on Feb 15, 2013 10:49am
150 Views
Post# 20995185

RE: Very Cryptic

RE: Very Cryptic

I am an investor. Obviously you are a daytrader.  You "work" your money.

I don't worry about the "tree" in front of me when I know it is fundamentally sound, which I do before I ever buy in (D(MY)ODD). I look at the forest the "tree" is in (D(MY)ODD). I don't "work" my money I let my money and portfolio work for me.

You worry about hourly/ daily/weekly/monthly hiccups in the price and probably some line on a computer screen.

I look 3 to 5 to 10 years up the road, and answer the simple question.  "Is some product or technology going to reduce the world's demand for petroleum and it's by-products "?   THE ANSWER:  Naw, not at this time and not in the near future.

If you liked BTE @ X price, you should LOVE being able to buy more BTE @ X -  for the same amount of dollars or the same number of shares for less dollars.

Obviously I am a Long, LONG on BTE.

DYODD so you can't blame others for mis-steps.

GL,

Gb

Bullboard Posts