Bonterra Energy Corp T.BNE

FROM OBE board.. truth hurts

[hawkowl1]

RE:RE:Blair on board now!

How can anybody hate SL. The dude looks like a cuddly teddy bear hahaha. All jokes aside, obe is up $3+ on bne as we speak. Bne shareholders lost out big time from Fink's pride and stupidity. They could have gotten 2 shares of obe for one of theirs. Colossal mistake on bne's part. 

[sclarda]

hawkowl1 wrote RE:RE:Blair on board now! How can anybody hate SL. The dude looks like a cuddly teddy bear hahaha. All jokes aside, obe is up $3+ on bne as we speak. Bne shareholders lost out big time from Fink's pride and stupidity. They could have gotten 2 shares of obe for one of theirs. Colossal mistake on bne's part. 

[bandit69]

I can't wait for the day I get rid of this embarrassing junk from my portfolio so I can buy something that actually performs for shareholders.

[Spanito]

I agree 100%,  this was the biggest blunder BNE made ever.   But the ratio difference from June 8th's ATH of 13% is now at 21% from OBE.     Which makes BNE very attractive considering the low float of shares since their share consolidaton of 10 to 1.   I for one will keep investing BNE & OBE since they already both took their share consolidations

[bandit69]

One of the many.   I am still baffled about how many people here think this is one of the best managed producers out there.  The evidence says completely the opposite.

[Flush11]

I call Bu!!sh!t. They are exactly the same company they were years ago when the stock was 46.00 per share except that they have MORE land and 17 years of P1 inventory. Long term holders of OBE at one point were down slighly more than 99.97% on their investment. Not a typo. By contrast Bonterra has paid out more than 1 billion in dividends with a current market cap of under 300 million. Obsidian

[bandit69]

the 1bill in dividends was not from profits.  Maybe half of it was and that was a decade ago.  The rest was debt. I don't know why you're doing backflips, oil is looking very weak and the FED is going to make sure of that so, barring an unforeseen event, it won't be surprising to see oil hit $60.  Will they pay a dividend then?  lol

[snowshoedb]

GF may not be in the drivers seat but certainly has significant influence by the shear weight of his holdings. I don't expect the company to run exactly as it did before with a major focus on ROC. I expect that the company will take a balanced approach focussed on growth and ROC in the mid Term. I anticipate the model will look something like the following starting in Q2 2023: 1) Dividend

[bandit69]

You're wrong as usual.  Nobody is getting rewarded for growth but they are being rewarded for ROC.  If they choose the growth route then we might as well shut off the lights. I do not see any insider buying at these undervalued levels.  If I was GF, I would be wanting to cash out so my estate is less complicated and because I no longer control the direction of my company