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Bellatrix Exploration Ltd (Canada) BXEFF

Energy
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

Bellatrix Exploration Ltd (Canada) > Why on earth would you guys want a sale?
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Comment by ERTguyon Oct 13, 2016 9:51pm
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Post# 25342058

RE:RE:Why on earth would you guys want a sale?

RE:RE:Why on earth would you guys want a sale?Im not denying this company can do better with a CEO.   However I'm sure no one complained when this stock made it's historical run from penny stock territory to $10.  With the right positioning from a financial perspective there is no reason to believe this can't happen again a few years out. When commodity prices come down costs get cut significant.  So when the tables are turned and the costs are at a low with commodities in an uptrend, it makes putting the pieces in place ie: refinancing, investing in production growth a hell of a lot easier.  My point is the CEO has been through the boom and bust cycles so my guess is he probably has some idea on how to plan for the next upswing.  Cheers
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