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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

Comment by newtonboyon Sep 14, 2023 11:26am
152 Views
Post# 35636101

RE:We would be in the Highe $8.50+

RE:We would be in the Highe $8.50+

Usually the share price goes up on the days before X divy (today) but in this case the price dropped over 40 cents with over 18 million traded yesterday, and today its up abit. Wondering why the sell off prior to the bonus. It's my understanding that shorts would have to cover the divy if the shares are borrowed. Last report states over 13 million shorts. Maybe Mr.Tonken should rephrase his icinic quote to " The road to hell is paved with shorters", unless of course you are one of them. 
Any thoughts.....

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