Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

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. It is focused on natural gas and light oil drilling areas in North America. The Company is focused on the Montney/Doig Resource Play within the Peace River Arch. It has 100% interest in its Pouce Coupe Gas Plant and two oil batteries, as well as various working interests in numerous other gas plants, oil batteries, compressors, facilities, and infrastructure. Pouce Coupe Gas Plant is in the heart of the Montney/Doig Resource Play. The Gordondale property is located northwest of Grande Prairie, Alberta and consists of the properties in Gordondale.


TSX:BIR - Post by User

Bullboard Posts
Post by Allaboutthetimingon Dec 06, 2017 6:45pm
176 Views
Post# 27105074

Rinse and Repeat

Rinse and RepeatToo much emotion on the board. This happens time and time again. Junior gold miners that all melted down a couple years back to only rebound 100-200%. Then we had the oil bust, solid oil companies rebounded by 50-100% when everyone was crying that oil was done and we would all be driving eletric cars. Oil was below $30. Now we have natural gas. We still need nat gas in AB to generate electricity and to heat our homes. 50 percent of nat gas consumption stays in Alberta. Remeber markets always test the extreme highs and the extreme lows, so this is nothing new, Just a capitulation event which is normal and nothing specifc to BIR. Look at every nat gas play in Alberta. All slaughtered from last December. We should visit 4.04 at the minimum as this is where we have some technical support. If you sitck with companies with a good operating cost structure and low decline rates, as well as manageable debt you will reap the rewards in time. To all those in the red now, rember to use stop losses in the future and not try to pick a bottom. 
Bullboard Posts