Eric Nuttall talking about BTE on Market Call todayhttps://www.bnnbloomberg.ca/market-call/eric-nuttall-discusses-baytex-energy~2192533
He said Ninepoint fund has a little BTE which he got in at 1.28$. Eric's forecast for BTE SP is 2$ (if 60$ WTI) to 3.60$(if 70$ WTI).
He seemed positive regarding the new oil discovery citing it will also give some sexy new talk to investors as we move on. He said BTE has lost its old attractiveness of high torque, and hopefully after the deleveraging exercise its torque will be improved.
Well, Eric didn't rate BTE with sassy SP, just 2 to 3$.... When compared to his forecast for WCP of 8.50$ to possibly 12-15$, it is obvious he puts his bet on WCP more.