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Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Birchcliff Energy Ltd. is a Canada-based intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of oil and gas reserves in Western Canada. The Company’s operations are focused on the Montney/Doig Resource Play in Alberta. Its operations are concentrated in the Peace River Arch area of Alberta. The Company has a 100% working 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. Its Pouce Coupe Gas Plant, which is licensed to process up to 340 million cubic feet per day (MMcf/d) of natural gas, is located in the heart of the Corporation's Montney/Doig Resource Play.


TSX:BIR - Post by User

Bullboard Posts
Comment by fergus2on Mar 02, 2014 12:03pm
192 Views
Post# 22269718

RE:RE:RE:ARTICLE about BIR versus POU

RE:RE:RE:ARTICLE about BIR versus POUI admire the fact that you are not concerned that someone is shorting a stock that you may own. Obviously there are many companies whose balance sheets, position in the market place and competent management easily outweigh the threat of any individual person's short position.
However I wonder about the ethics of a group of individuals or entities who may " tag team" a stock in terms of shorting and  the efficacy of the naked short. It would seem that to be able to short a stock without so much as having to borrow the shares is like a branch of the legal system based upon  on the idea of squatter's rights. It literally flies in the face of that old adage, "possession in nine tenths of the law."
This is off topic but that previous short overhang on BIR prior to the run-up really bugged me so that's why I bring it up. For all I know that short position might still be there.
Bullboard Posts