Bald Eagle Energy Inc. (BEEI)

[Grinner1]

I have been in and out of this stock twice now and lost big both gos. Lost track of what has happened here but it looks as though nothing has!

Peeps own it but I wonder why. Sometime ago I remember someone going on and on about how the head guys were the best at what they did, growing energy companies right, and that the particular parcel of land to develope was extremely ripe for exploration.


Now the stock languishes between 18 and 20, 18 and 20, 18 and 20...with no news or what

is there dilution here or a forward split or is this thing going to die because of lack o' interest?

GMFC - Green is My Favorite Color

[rdwild]

Don't think you will hear anything about Bald Eagle until end of winter (at the earliest) MasterT. The only saving grace of this stock is that they are not printing shares like there is no tomorrow.

Rod

[MasterT]

Nothing happening ?? No news about this junk?? it had so much upside.

[rdwild]

Website is under construction ... mmmm wonder what is happening.

Rod

[MasterT]

If you could please

[rdwild]

It is on their website (http://www.baldeagleoil.com/) under the about section. I can't copy an paste it here (it is a flash page).

Rod

[Grinner1]

Do you have the email address?

[MasterT]

They stated that on their website I do not have access here at work because of a firewall issue. I can look it up once at home and post it. You could email them with the question and see what comes back.

[Grinner1]

Are you saying they have stated that they will not drill...where is that statement..or are you asking a question?

One other thing, leases are generally time sensitive so where does BEEI set in regards to holding these leases? Just a point for discussion to anyone who has any knowledge.

[MasterT]

They have already stated that they are not drilling...

[rdwild]

And that is one of the scenarios that I have suggested could happen, although I hope it does not because it always seems like the company doing the drilling gets a better deal than the company that is holding the leases. It would however be good for current holders of the stock becuase there would be less dilution.

Rod

[MasterT]

They don't drill ... They can come up with a joint venture with an exploration company the own the lease the other provides the resources...

[la izzy]

rd i agree and am already averaging down. hey iam from new iberia louisiana and have friends with haliburton thaat says hali is lending money to epl. i had epl in chap 11 theyemerged and i mad money. check it out, epl is going to redo 10 wells in 2010. i'll let u knoe what i find.

Energy Partners establishes its first hedging program A4:19 PM ET 10/8/09 | Briefing.com
Co announces that it has established its first hedging program following its emergence from Chapter 11 bankruptcy proceedings with the purchase of crude oil floors and the placement of swap contracts that cover the period from October 2009 to December 2011. The volumes hedged in the fourth quarter of 2009 average approximately 2,788 barrels of oil (bbl) per day, representing approximately 58% to 70% of that quarter's estimated oil production. The majority of the volume hedged in the fourth quarter 2009 is in the form of puts with a floor of $60/bbl. For full year 2010 and 2011, the total volume hedged averages approximately 2,722 bbls per day, of which the majority is comprised of swaps with an average NYMEX price of $70.02/bbl.

[rdwild]

Yes (don't shoot the messenger) I do (this is of course my option and you should make you own decision here), the way I see it you can wait until it goes down more and cost average down. Hold the stock and wait for it to go down and then come back up (I am suspecting it is going to be a bit of a wait). Exit out of the position and see if you can pick up more later. It is my opinion that this stock is going to go down because they are going to have to issue stock to make money so they can get the seismic done and drill holes but I would welcome anyone that does not agree to comment and tell us why they don't think that will be the case.

Rod

[la izzy]

i'm in with 53,000 at .053. do u think it will get much lower than .02. also i don't see any news on their website.

[rdwild]

I think that it will be back there again but it is going to take a while so if you in the stock holdem, if you not then wait for a good entry point.

Rod

[la izzy]

i wish it would get back to here

[rdwild]

So would you sell your shares right now?

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To answer your question, I don't own any at the moment. Looking for a good entry point and here is not a good entry point based on past experence and what I think will happen going forward. At this point I think there will be a good entry point some time next aug. This stock only has one way to go at the moment and that is down. In order to get the sizmic data to evaluate and drill the hole you are going to be looking at a fair amount of cash. This is going to require a partner (which I hope they don't do) or an issue of stock (which based on past experence is what I think they will do). This means dilution (short term pain for long term gain), for this reason I don't want to be in the stock (even though I think it is a great story and a ton of up side if they find oil) for the next bit. It is however one on my watch closly list and i watch it every day for the signs that I am looking for.

Rod

[joope]

So would you sell your shares right now?

[rdwild]

Wow there has not been too much happening here lately. Has anyone talked to the company recently?

Rod

[rdwild]

Only if you don't own any, if your looking to buy or add to your position over time its fine. The market however does view it as bad.

Rod

[joope]

So this is a bad thing?

[rdwild]

Bald Eagle Energy moving to the pinks (see link for sec filing)

http://ih.advfn.com/p.php?pid=nmona&cb=1254202300&article=39661683&symbol=NB^BEEI

Rod

[rdwild]

SectorWatch.biz Releases Report for Investors of Oil & Gas Companies BEEI, CNQ, DMLP, HUSA, NXY

IRVINE, Calif., Feb. 27 /PRNewswire/ -- SectorWatch.biz announces the availability of an exclusive commentary for investors of Oil & Gas companies including Bald Eagle Energy, Inc. (OTC:BEEI) (BULLETIN BOARD: BEEI) , Canadian Natural Resources Limited (NYSE:CNQ) up 7.3% this week, Dorchester Minerals LP (NASDAQ:DMLP) up 8.6%, Houston American Energy Corp. (NASDAQ:HUSA) up 9.4%, and NEXEN Inc. (NYSE:NXY) up 11.6%. Intelligent investors are currently accumulating the best oil stocks with promise to reap substantial profits once oil prices recover.

Investors can view the commentary at this link: http://www.winningstockpic.com/.

The article features a commentary regarding Bald Eagle Energy, Inc. and the opportunities that exist on Alaska's North Slope.

It is a known fact that stocks often move up before market conditions improve and this applies to the oil industry as well. One of the largest gainers this week is Bald Eagle Energy, Inc. (OTCBB: BEEI), an oil and gas exploration company focused on Alaska's vast energy resources. Since the close of last week, the stock has moved up as much as 84.4%. Volume has also improved substantially; increasing from total volume of 142,300 last week to more than 2.6 million traded shares this week.

Visit Bald Eagle's Company website at: http://www.baleagleoil.com/

Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SectorWatch.biz is a property of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies have not always approved the statements made in this report. This report is neither a solicitation to buy nor an offer to sell securities but is for information purposes only and should not be used as the basis for any investment decision. MP is not an investment advisor, analyst or licensed broker dealer and this report is not investment advice. J.A. Knepp CRD#2849651. MP has been paid three thousand dollars by QualityStocks.net for preparation and distribution of this report and other advertising services. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding the subject company.

To be featured in our publications please use the number below.

Contact: Shannon Squyres Editor, Market Pathways 949-955-0107

DATASOURCE: SectorWatch.biz

CONTACT: Shannon Squyres, Editor, Market Pathways, [phone]

Web Site: http://www.winningstockpic.com/

[rdwild]

Quarterly Report (10-Q) For the quarterly period ended June 30, 2009:

http://ih.advfn.com/p.php?pid=nmona&cb=1253982817&article=39115863&symbol=NB^BEEI

Rod

[rdwild]

I would say that depends on how many financings they do to do the seismic, find the best probable place to drill and then drill the hole. I am guessing it will reach into the double 00s but it is going to be a tough one to call due to management being careful with the amount of stock they are putting out. I just hope they don't do any convertible financings because they tend to be toxic to share holders. I have seen death spiral financings where a company went from 50 cents to .0007 because of the same people shorting the stock into oblivion. In order to make this work they need to start buying back stock as soon as they start pumping oil (this will help the longs if they hold into it as it will dry up the float and will cause a nice SQueeZE).

Rod

[la izzy]

i also agree withyour time line. how low do u think it will go?

[rdwild]

I agree, it will come back and if you are a long this is just another buying opportunity. I am however waiting until it gets lower (allows me to buy more for the big upswing which is what I hope most of the people here are waiting on. If you are a true long as some have suggested here there will be a buying opportunity at lower values so keep some cash ready. My time line for this stock to turn around is around a year and a half to two years. I would appreciate everyones input on what they are thinking with regards to a time line for turn around. I think this stock could be the next $10 stock so this is one of those stocks that you can buy now at low values and it a year or two it will be worth enough that you can retire (if you getting close to that age)

Rod

[la izzy]

don't panic peeps im in at .075. it will come back

[rdwild]

Why would you state they have to dilute their shares in order to get financing? They have had a lot of opportunity to raise the money or get more credit from a bank. They position they are in and the potential for oil and gas to even higher then the $149 a barrel. Why wouldn't a bank loan them the money they need and the financials isn't a really go indicator as there are many oil and gas company with horrible financials this year. Yet they are sitting on very good leases, it's just the demand isn't there right now.

If they are not running the well during this time I wouldn't expect them to make much revenue. IMO that information is exepcted and weclome.

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I hate to say it but until they have put a poll in the ground and oil or gas comes spewing out they have nothing but land. that is not to say that they don't have good potential but banks are not going to loan money on potential. That is what the capital markets are for. The only one thing that share holders have in their favor is that it appears that the principals are very carefull about who they sell stock to and they don't appear to be just give it away.

Rod

[joope]

Why would you state they have to dilute their shares in order to get financing? They have had a lot of opportunity to raise the money or get more credit from a bank. They position they are in and the potential for oil and gas to even higher then the $149 a barrel. Why wouldn't a bank loan them the money they need and the financials isn't a really go indicator as there are many oil and gas company with horrible financials this year. Yet they are sitting on very good leases, it's just the demand isn't there right now.

If they are not running the well during this time I wouldn't expect them to make much revenue. IMO that information is exepcted and weclome.

[rdwild]

when did it get to .007. I see .02 as the low

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Not sure myself (was responding to someone else that said it) but I do know that it will get there due to the fact that they have to do a stock issue in order to get enough money in order to do the things with the leases that they now have to make the company worth lots. That means they have to dilute the stock to make the stock worth something which means the price is a going down. How low depends on management but they look to be careful from what I have seen so far. I do know that if they hit a big pool of oil or gas this stock will go from the lows to $10 or more in next to no time.

Rod

[lookn4luck]

when did it get to .007. I see .02 as the low

[rdwild]

Bald Eagle is a very carefully run operation. They don't throw money away on hiring in people they don't need. They do a lot of things through third parties.
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I agree they do seem to be a carefully run company. Lots of companies like this one have put out lots of shares so they can rase the money to drill but this company so far seems to not have as much stock out there that I would figure there should be. Good for stock holders in the long run.

Rod

[rdwild]

I would love to buy more but my money is stuck right now!! I bought back when at .007

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As much as I hate to say it (becuase this does look like a good stock) but I think this stock is headed back down in that direction. If you look at the financials and where the stock is at they are going to have to issue stock in order to do the things they need to do to get this stock to really move. Buy in at the right time and you could be ready to retire on this one (especially if it hits a big pool of oil. This puppy could easily go to $10 at that point. Unfortunatly there is going to be some pain for share holders going forward until we get to the point where they are drilling.

Rod

[MasterT]

I would love to buy more but my money is stuck right now!! I bought back when at .007

[la izzy]

how much is a bunch? shouldn't we buy down now?

[wylde1]

HELLO!!.. HELLO!?.... HELLo? ......hello?........ ello.......... lo....? Just checking. ;)

[along4dride]

I bought into this as a long term deal, but it's just gone down and I have other things I want to do, so I am out and done here. GLTA still here.

[STOCKSEEKER1]

it's been quiet in here lately!

[stonecoldG]

Me too

[zino]

bought a bunch....this is a long term hold...inflation/oil going north

[protostars]

Fortunately they're in a state that has dealt with the oil industry for many years.

[Alexgski]

This one is getting pulled as it continues to wait for environmental permits.

[protostars]

Yes, oil stocks are some of the most volatile right now, because they are getting pulled in different directions.

[Alexgski]

Or the price of oil moving up

[protostars]

There lease rights should give them enough time, and, until then, emotion will drive things. Even a hint of good news will make a big difference.

[Alexgski]

Seems volume is finding early numbers the last few sessions.

[martingale]

Based on my experience with oil and gas exploration plays, a
company at Bald Eagles stage of developement is looking at
perhaps 2 years before they could generate any income and it
would require alot of additional capital.

[protostars]

I think they are concerned about keeping in check UNNECESSARY costs, which is okay. But I agree that people are waiting for results, and until then it's all just toe-tapping.