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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 Nov 13, 2014 10:07am
126 Views
Post# 23123995

RE:RE:RE:RE:Geesh

RE:RE:RE:RE:GeeshIf you recall when the 2nd ¼ results were announced, (and they were superb), the stock seemed to swoon for a couple of days before it moved higher. I was surprised at that action and couldn’t believe that the market would essentially ignore those results. Thinking that perhaps I was deluded I told my daughter to hold off on her purchase because just maybe I was wrong. Well eventually it did move higher, to about $12.80 and then it wheeled about and plummeted to around the $8.50 level seen recently. Thing is, when you have a start-up that actually shows real promise, you gotta be tight lipped and play your cards close to the vest so as not to get scooped before you can pull all the pieces together. Well, to achieve that, and still keep the pot simmering on the stove for the investors we’ve had a succession of excellent but perhaps understated quarterly reports that have indicated steady progress and execution. The rhetoric has always been low key. Management does the job and they don’t yap about it incessantly. But this quarter they have “pulled the wraps off.” More details of the master plan emerge and we get to see the true breadth and depth of this company. And it really is something. It’s undervalued all right, - by a country mile. Of course even with this wonderful company news, Birchcliff must face off against the current market uncertainty and weak global demand for crude. But could there be a better company to meet these challenges? I doubt it. So I put this question to you: What separates the men from the boys in the Greek navy? Answer: A crowbar. Wanna pry my Birchcliff shares from me? First show me the money. And I don’t mind waiting either.
Bullboard Posts