Birchcliff Energy Ltd T.BIR

A few points

[marketsense]

I see a few things that Guido's review fails to acknowledge.

1.   BIR will be debt free in Q1.  This is huge in that it becomes a 100% FCF where
     central banks are raising int rates on a trajectory to achieve a 2% inflation rate.
     This gives them financial power and flexibility that will be recogniized.

2.  Their new dividend policy announcement is sustainable down to $3 NG and 
     should also attract investors.

3.  Freeport LNG cannot be held up indefinately.  I suspect it will be back in service
     by Q1.  NG will remain in high demand both domestically and for LNG export.
     BIR is in a very good position to benefit from this going forward into 0'23.

I am in a hold position on it for now as I think its prospects are much better that the
present market valuation.  There are good catalysts here that bear exercising a little
bit of patience IMO.

[GuidoSan1]

Agreed Market, at the very least the yearend financials should be seen on any and all Gas/Oil companies after what has been a stellar 2022 commodity year overall before considering a course  or direction. The only problem with that as you know is the herd mentality when every one decides it's time to sell, well good luck with that lol. Anything less may prove to be imprudent I simply see