GREY:BNPUF - Post by User
Comment by
grantstaon Nov 08, 2017 5:27pm
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Post# 26928702
RE:RE:RE:RE:RE:RE:Purgatory
RE:RE:RE:RE:RE:RE:PurgatoryGood question. I'm guessing there was hype about the sector or commodities that gave investors optimistic expectations about this company. Today that hype is missing.
Management is damping expectations and why not? They don't need to raise capital since there's no reason to massively expand production.
tracker11 wrote: What is it that I'm missing??...... Rewind back to April 2015 where natural gas futures were between $2.50 and $3.00 and oil over $57.00 and BNP s/p was flirting with $5.00 per share. Well two and a half years later oil is once again over $57.00 and natural gas is now at $3.17 and BNP struggling at $2.80's what am I missing?