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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 > Why did we see a 6% jump today?
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Post by PlutusofCrete on Dec 13, 2023 10:19pm

Why did we see a 6% jump today?

Given all the dire predictions - why did BIR go up today? Shouldn't we immediately drop to $3.75 since we are certain that nat gas is dead and the divy will be cut? Will it be a slow walk down to $3?
Comment by iwpete on Dec 14, 2023 2:19am
Well Plutus My thinking is that the allacrity that ENB sold the Alliance system to PPL has to do with the possiblity that Coastal GasLink Pipeline will take a lot of business away... and the Aeco price will have less meaning in time.
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