TSXV:BMX.B - Post Discussion
Post by
hawkowl1 on Mar 21, 2011 8:23pm
Scott Saxberg, Director,(Chairman)
That man alone on this board of directors gives this little company awsome credibility.
https://www.bellamont.com/directors.html
Cash flow could be closer to .20 cents per share in 2011 with WTI well above budgeted price of $85.
Bellamont using AECO $3.60 GJ r gas for 2011 cash flow projection.
Price sensitivity .05 cents per share per .25 cents AECO GJ and 1.2 cents per share per $5 WTI @ $85 barrel average price.
Even Galleon Energy shows one of Bellamont's light oil prospects on its March 2011 presentation.
Now would they be interested in Bellamont?
I doubt it.
They could not afford it.
Their shares are toxic .
I have a hard time understanding why investors are still selling this at .60 cents or less!!!
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