RE:RE:RE:RE:RE:Last time oil was $80 BTE was trading at $30/sharemulletator wrote: I'm trying to make sense of this too. I also hold CPG and it's the same story.
Both companies did not dilute by 10x. BTE, in particular, has more assets, more drilling and looking stronger than 2015. WTF is going on here?
I will tell you what is going on here. Sentiment towards Canada has changed for the worse. NAFTA, no pipelines, too much REGULATION in Canada compared to the US. Canada seems more interested in protecting the environment at the expense of the economy. Canada is DEAD MONEY...for now at least! I have never heard of a country who is NOT at WAR who PURPOSEFULLY shoots itself in the foot economically! Look at today for example. The US market is flying and the Canadian one is no where near that. They used to be in lock step. Very sad!