Bullboard - Stock Discussion Forum Bonterra Energy Corp T.BNE

Alternate Symbol(s): BNEFF

Energy Oil & Gas E&P

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

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Post by SadieLadyCO on Feb 16, 2023 4:48pm

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Every time the stock moves higher INSIDERS start sell...what the #$##

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Comment by blackdog on Feb 16, 2023 7:05pm

You need to learn how to read insider reporting. The vast bulk of what you are seeing is the exercise of options. This shows as a disposition (of the options) and a corresponding acquisition (of common shares). The same thing happens when options expire (a disposition without an acquisition). There are sells of 100, 300 and 4600 shares respectively; by one insider; hardly material; and that ...more

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Comment by churchofnutsacc on Feb 17, 2023 9:46am

There are like 6.5 million options and warrants outstanding. On a stock with like 37 million shares, that is a lot. These options and warrants will prove to be dillutive and will put up massive selling pressure when the holders decide to sell, if oil ever starts to run again.

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