RE:RE:RE:RE:RE:RE:analyst fuelled takeover targetsWho's next ???? A few great choices with fantastic holdings in the Montney and both are down 50% from year highs-mostly fuelled from the collaspe of nat gas pricing. BIRCHCLIFF (BIR) a very low cost producer, owns their infrastructure with long life reserves-got caught up paying a 20 cent per quarter dividend while being completely unhedged ( a policy that made this company a one time market darling with NO DEBT).. what a difference a year makes, dividend cut 50% , debt is piling on and the CEO/founder just retired..another is CREW (CR) , this is a much more LIQUIDS RICH Montney player, again with solid assets , own infrastructure, long life reserves but no dividend and their very successful nat gas hedge book has come to the end awaiting for a nat gas price uptick that never came.. AGAIN, would love to seem ARC taken over at a big premium but with just the 2 examples listed, how realistic would that be??? I say ARC buys using their paper stock power/current price to do the aquiring with maybe a bought deal (which i hate) to fund a cash portion..my opinion..dwdc