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) > New 2023 bull market price target

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Comment by Straiteon Mar 29, 2019 12:35pm

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Post# 29554892

RE:RE:New 2023 bull market price target

I guess in a sense, I think it is a positive for new investors looking to buy at these levels. I still it still might go a little lower to about 25m market cap or 0.3$ per share but there is no doubt, the risk for new investors is slightly lower now than it was before. I would advise shorts that it might be time to consider covering their position and maybe even going to long side.

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