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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 Updownsidewayson Oct 15, 2016 12:11am
107 Views
Post# 25346423

RE:RE:RE:Will you bail out of BTE ?

RE:RE:RE:Will you bail out of BTE ?And BTE going under $2 again could lose people money too. All stocks are risky. What's got more upside, a once in a lifetime event with a massive industry going trough a history making change opening up, or a dying market of yesterday's technology? It's the tech boom all over again, but better because it's going to be more sustainable than just some website. The demand for cannabis and all its derivatives is huge

2015ideaman wrote:
TrumpSavage wrote: Here is a proposition for you: If you sell your BTE shares for $55,000, then invest that in Namaste (C.N) so you would have around 158,000 shares. Wait a couple of months for it to hit a dollar and there's your triple. Better timeframe and I would argue a similar risk profile considering the volatility in oil at the moment. There is no doubt in my mind that Namaste is going to hit a dollar. Hope it helps you.

forecast123 wrote: I held 9920 shares of BTE with average cost of 4 C$. Plan to hold it for 1 to 2 years hopefully triple.

 


and if it hits 5 cents you have lost $47,100...that is called risk.

thanks for the advice but no thanks.....

but what do I know....

cheers from ideaman



Bullboard Posts