RE:RE:RE:This is insanity I want to remain positive but this Board pretty much forces me to respond intelligently and realistically. Too many pumpers here with wild projections. Stop saying $10 and $20, even $7 is far flung in these conditions. I was going to say I hope you lose it all nothing matters but I digress.
Anyone who isn't willing to hear an educated response and opinion deserves to lose it all you, but I digress. I will give you some advice, stop listening to these ridiculous projections and fudged forecasts by these uneducated investment hacks. Anyone can throw out a fishing line and say they might catch a big one. That's all they offer. Wolf has good numbers but he is doing just the same, casting a line and praying.
You might catch weeds once in awhile, BTE is struggling because it keeps failing the most simple investment principle, the eye test. Any bloke can see they have 568 million shares outstanding, management fleeced shareholders to survive. Until that is addressed the share price is stuck. Debt first, then buy back shares and then a dividend is the only way. That will take years and not happen by Q1 this year. People know that oil won't stay over $85 this year and that's why the stuck keeps getting shuttered at these oil prices. If oil snaps back to $50 this is right back where we started. People still
sense fear owning Canadian oil.