Bullboard - Stock Discussion Forum Bellatrix Exploration Ltd (Canada) BXEFF

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Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's... see more

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Bellatrix Exploration Ltd (Canada) > Just looking at variety of Canadian Juniors....

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Post by kavern23 on Dec 31, 2018 1:18am

Just looking at variety of Canadian Juniors....

Good lord this situation looks rough. 7.6M last Quarter for Cashflow and 418 million dollars in debt.

Can someone please tell me how this company will make it until June 2019?

I would never buy shares in this, even at 30 cents.

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Comment by Snowhouse on Dec 31, 2018 3:43pm

A dead elephant is worth more than a sick one. I hope it dies (BK) and relieve all SH and payback 1/3 of the BV.

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Comment by bogi on Jan 08, 2019 4:06pm

So ? Did you look at many Juniors ? They all look sad - especially the Canadian site - check some US oil/gas stocks you might find a few better looking . But the low point is in for all oil stocks in my opinion - even on the Canadian site .

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Bellatrix Exploration Ltd (Canada)