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

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Bellatrix Exploration Ltd (Canada) > BUY LOW AGAIN IN $1.11

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Comment by CanadianBuckon Jan 31, 2017 4:36pm

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Post# 25779825

RE:RE:BUY LOW AGAIN IN $1.11

1condor wrote: You have the right idea...but unfortunately the price today at 1.11 is not the low. It is yet to come with the inevitable delisting on NYSE. What I have been saying for months wait for the delisting.

Condor, you have been right about waiting to buy BXE. However I think that you are wrong in saying that they will delist from the NYSE, it is to valuable to give up with a lot of US investors. Instead we are very likely going to see a reverse stock split. The reverse stock split news is probably already built into the stock price.
Personally I would like to see management replaced, they have done a very poor job for shareholders. I will vote no to the current slate of directors at the AGM this spring (not sure of exact date)

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