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Bonterra Energy Corp T.BNE

Alternate Symbol(s):  BNEFF

Bonterra Energy Corp. is a Canada-based conventional oil and gas company with operations in Alberta, Saskatchewan, and British Columbia. The Company operates through development and production of oil and natural gas in the Western Canadian Sedimentary Basin segment. Its operating areas include Pembina Cardium and other areas, which include Saskatchewan and Northeast British Columbia. The Company is focused on the development of the Pembina and Willesden Green Cardium lands within central Alberta. It has Shaunavon properties in the Chambery field, which produce medium density crude oil from the upper Shaunavon formation under waterflood. It also has assets in the Prespatou area of northeast British Columbia, which consists almost entirely of natural gas and associated natural gas liquids. It also has an undeveloped Charlie Lake asset that is prospective for light oil in Bonanza, Alberta. The Company has over 116 net sections of contiguous land in the light oil prone Charlie Lake.


TSX:BNE - Post by User

Comment by Rational43on Dec 03, 2022 6:41pm
209 Views
Post# 35148958

RE:RE:RE:RE:I am still a big

RE:RE:RE:RE:I am still a bigLOL, and TSLA was worth $360 a share, because that's what its market price was.  
OBE was worth $4, until it was worth $10, then $14, and now $10 again.  
GME was worth $81 a share, and now is worth $27 a share.  

That is an excellent philosophy to take to generate mediocre returns.  

Excellent returns are generated by realizing when Mr. Market is being unduly pessimistic about a good company's prospects, and buying, and waiting for Mr. Market to realize the true value of the company (and perhaps even become a little too optimistic).  

The market doesn't look forward, backwards, or sideways, its a series of irrational random movements that tend towards rational outcomes given sufficient time, as the randomness tends to cancel out eventually.  

BNE, OBE, YGR, I'm happy to partake and let the market figure it out eventually, as I was with ATH, SGY and BTU in Nov '21 (when Oil was $66 and the bull market was over because China lockdown)
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