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Bellatrix Exploration Ltd (Canada) BXEFF

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


GREY:BXEFF - Post by User

Post by Wynjoeon Jun 11, 2019 8:06am
112 Views
Post# 29814482

One to watch!!!!

One to watch!!!!Many valuable assets here,no possibility of bankruptcy,(at least),not for a long time. Reverse split essentially wiped out existing shareholders,however,at some point,and nobody knows for sure when?this may become a very lucrative play.At these prices,and maybe lower,keen eyed investors will soak up all these cheap shares.The market cap is becoming so low,that a couple of oil multi millionaires somewhere sitting down to lunch in some Calgary restaurant may decide to buy the whole thing.Buy when others are fearful.To me this is a good entry point and add more if we drop,but add even more if we start to rise!!!!
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