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Bullboard - Stock Discussion Forum 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... see more

TSX:BIR - Post Discussion

Birchcliff Energy Ltd > Prediction coming true soon?
View:
Post by AboveBoard on Oct 18, 2022 12:41am

Prediction coming true soon?

Been yapping awhile back about ng settling in the $3.50 to $5.50 range.  $5.50 coming?  Will the crystal ball be correct?  All we see is an illusion.  The big fish control the minnows.

https://www.naturalgasintel.com/natural-gas-futures-test-6-as-warmer-late-october-pattern-adds-to-selling-pressure/
 

"shipping" paints a picture as to.what is coming?
https://www.cnbc.com/2022/10/03/ocean-shipping-orders-are-signaling-a-big-drop-in-consumer-demand.html

Comment by iwpete on Oct 18, 2022 10:11am
I see it the other way.  The hit to nat gas has been overdone..  It may be too simple but hey... Winter is on the way.
Comment by AboveBoard on Oct 18, 2022 1:57pm
  your way may turn out.  I maintained my stance many months ago when ng was plus $9.  I still go with my prediction.  Yes winter could serve ng price propaganda.  The potential big recession coming could possibly take the winter out of the equation.  There is lots of ng, however "created" shortages impact prices.  Price volatility will exist.   ...more  
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