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Bullboard - Stock Discussion Forum 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... see more

TSX:BNE - Post Discussion

Bonterra Energy Corp > Once again
View:
Post by SadieLadyCO on Nov 18, 2022 10:31am

Once again

BNE is still over sold compared to other OIL. Mainly because of the low float. Waiting, buy a $hit load more if it drops further. Oil will be back up and I still beleive that BNE has been  under valued ALL  year. May even be a buy out soon.
Comment by bandit69 on Nov 18, 2022 2:48pm
I don't know why you keep saying buyout but that's definitely the best way to go here.  In the meantime, after reading the recent news relese again, I think they will pay a dividend pretty soon.  If you read the last news release they state they will manage bank debt along with paying a dividend.  Maybe a Christmas surprise if they can finally get the bank covenants off of ...more  
Comment by bandit69 on Nov 18, 2022 3:00pm
I should have mentioned that the emphasis was mine.  Whatever the case, I will take any little bit of hope I can get with this one and that the words can be taken literally.  By all appearances once free from covenants dividends should follow shortly thereafter.
Comment by baranja on Nov 18, 2022 3:10pm
I think I would realy prefer share buybacks.  Unless it is 10% or 8% dividend,.. share buyback, due to this low share count, coud make big moves up. Just small dividend will not bring shareholders back. I vote for buybacks.
Comment by Hendrick3 on Nov 18, 2022 5:21pm
I bought a bunch today. There should be a bump up in the next two weeks with the financing announcement. Today was the lowest price in recent memory. Seems like  it's got extreme upside and very little downside at this level. Glta
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