GREY:BXEFF - Post by User
Post by
Steelhead15on Dec 15, 2013 11:04am
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Post# 22007496
I wanted normalcy but....
I wanted normalcy but....I know, there are a lot of changes to digest. Also some dilution and new debt. However, there are so many more derisked assets. I can see BXE looking good to bigger companies or JV players. Fracking technology is producing better results making derisked assets in prime, safe locations more attractive.
The Cardium is a simple play. The Montney and Dunvegan will become more profitable for a couple of reasons, especially for NG to Asia.
All the people here who like the assets of BXE understand this and more. I think the new size of BXE will make the next year very interesting. I'm very glad the major selling is over. I think we will see major buying and a rapidly rising SP and that is why I can imagine BXE looking tasty to larger companies at these lower SPs.
Lots of action in growth companies like BXE.