Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.

TSX:BTE - Post by User

Baytex Energy Corp > Hey Guys Serious Warning Ahead... Just A Word Of Caution

<< Previous

Bullboard Posts

Next >>

Comment by Moemoney42on Jun 21, 2022 11:11am

254 Views

Post# 34771228

RE:RE:RE:RE:RE:Hey Guys Serious Warning Ahead... Just A Word Of Caution

well snowblaller.. although your points each could carry a healthy debate.. I think you're being a bit dramatic.. after all if the gov'ts want to confiscate everything they already have the tools.. :-/
And C. Freeland is trying to make them even more effective as we speak.. :-0
As far as crypto.. well, in my mind "thoretically" all the money sitting in the banks can be considered "crypto" as its just numbers on a spreadsheet.. no one carries their total net worth around in thier pockets.. unless you're a homeless person I suppose.. then you'd have nothing to loose if it all went south due to some theoretic "reset" what ever that may encompass..???

Snowballer wrote: haha well I think cash is under rated... Like others i'll be patient cause things will bottom and then we do it again (ride up). The world isn't ending tomorrow just because a recession is going to happen. But the financial risks ive outlined are pretty real I'd say and a new digitial currency could be introtuced in as little as 10 months or maybe it's longer who knows? I think it depends on how bad "things" go. If China started a war during a time of a monkey pox/new covid variant scare while a recession hits and inflation running high isnt that an opportunity for governments to take unprecedent action like they did with the pandemic? They are already trying to tax "windfall profits" pretending its as serious as a war time measure.

It all takes time but is it really that difficult to see that these events can take on a variety of timelines and in which order will they occur? Just like in 2008 the charts seem to predict large sell offs... When things are overdone those things and other things become undone. Always.

Cobalt wrote: So what is your play if right Gold? Fine Art? Hobby farm? Night vision?