RE:Possible unwinding of PPY/BIR spreadsI refer to my post of June 6th. The whole NG complex was beaten to a pulp through this downturn but when things started to improve recently BIR’s recovery didn’t seem to have the same traction as its peers. The spread between BIR and PPY at one point was around $2.00, -and it stuck out like a sore thumb! The chief reason offered was an unsustainable debt load. I think now we can safely dismiss that argument. But whatever were the forces that kept a firm lid on the BIR share price, it was without doubt, most fortuitous for the financing of the Encana purchase and today’s announcement. I will provide an illustration to make my point clear. In order for the Pioneer satellites to gain enough speed to leave our solar system they make a swing by Jupiter and use its gravity to gain added velocity. A sort of sling shot effect if you will. Tomorrow Birchcliff does its flyby past Jupiter, -of course just for the momentum dear. And I ain’t kiddin!!