RE: Another strong day so far for BTE..."The juniors are the only place to make any oil money."
I have to disagree with you, If you took a small margined postion two weeks ago in Baytex at say 8.80, would have returned 22%. That's no small potatoes. I just looked at a 1 year chart of PEY, it looks very similar to Coca over the last 15 months where it went from 800 to 2400.
I think todays news means that management are open Baytex up to become a trust. Your right Eunice about reading the analyst reports.
Baytex plans on spending great amounts on exploration this year.
Oh someone asked a while back about BTE's producton, on a 6:1 basis,
61% heavy, 8% light, 31 % gas
RES