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Bullboard - Stock Discussion Forum Birchcliff Energy Ltd BIREF


Primary Symbol: T.BIR

Birchcliff Energy Ltd. is a Canada-based intermediate oil and gas company. The Company is engaged in exploring for, developing, and producing natural gas, light oil, condensate, and other natural gas Liquids (NGLs). The Company's operations concentrated within its core area, the Peace River Arch, which is centered northwest of Grande Prairie, Alberta, adjacent to the Alberta/British Columbia... see more

TSX:BIR - Post Discussion

Birchcliff Energy Ltd > Interesting
View:
Post by AboveBoard on Jan 22, 2024 11:19am

Interesting

Is my past prediction of $1.65 ng for a low going to be met?  Maybe or maybe not? Was close the one time.    Lots of wildcards in play.  Canada has at least 200 years of ng. USA has lots and lots.   No playing swings in this market for quite awhile now.  Sitting tight till it is right. Good luck to all, as the ugly will turn uglier.  A little makeup here and there won't change the pig.  Oink oink.


https://calgaryherald.com/opinion/columnists/varcoe-pretty-pessimistic-natural-gas-producers-react-to-sagging-prices-this-winter
 

Natural gas worldwide.........lots.....

https://www.worldometers.info/gas/gas-reserves-by-country/

Comment by Oldnagger on Jan 22, 2024 4:31pm
You are right , there is a lot of gas around. Just like there is a lot of land in Canada yet buying a building lot near Toronto or Vancouver is prohibitively expensive. It may not be obvious to all , but investments in nat gas depend on the supporting infrastructure including infrastucture not directly owned  That infrastructure is increasingly being put in place and will continue to do so as ...more  
Comment by AboveBoard on Feb 01, 2024 5:53pm
Ten days from my last post.  Interesting. We will see what transpires during 2024.  Still sitting back.  So many variables at play.   Also, remember: Birch debt (check it out now, wow),  birch decline rates, birch cost to replace production, unforeseen expenses,  economies of the world, wef, manipulated controlled world news narratives, etc...watch the Matrix ...more  
Comment by AboveBoard on Feb 01, 2024 5:54pm
https://stockhouse.com/companies/bullboard?symbol=t.bir&postid=35838964
Comment by PlutusofCrete on Feb 01, 2024 10:43pm
Sad story.
Comment by AboveBoard on Feb 10, 2024 11:39am
NG hovering around $1.85.  My calculations(prediction usually plus/minus 10 points)  was the $1.65 mark.  The 2024 election year complicates.  Many agendas at play.  Will there be a major 2-3 market bottom crash?  Recession/depression?   Will that be allowed during the current cycle?  The next 10 months are a tough one to gauge.  On sidelines for a ...more