RE:RE;RE;RE What to do now with BIRExcellent post Ramman1. Clear signs this company is on the move and approaching critical mass, -at least for those who can see it and haven’t been jaded by this recent horrible downturn. No doubt Sayed speaks to Birchcliff’s 54 cent one day gain. A tempting trade for some, but that does not include me. But if it returns to the 6.70’s, I’ll be buying.
Now there are other aspects to Charlie Lake that should not go unmentioned. It makes Birchcliff an even gassier pure play. Management is positioning the company to where they think the real money is. One must also consider Birchcliff’s added merit should the Gordondale sour gas plant get folded in. In that position, the company would be quite the tomato for an acquirer. But even if that doesn’t come to fruition things look positively hunky dory.
As to what the storage inventories portend, just a general comment. While in a period of NG abundance it seems as if the purgatory never ends (2015-to spring 2017). But I assure you when the needle slips over to the other side (deficit) (and we’re close) purgatory becomes heaven. So sharpen up your battle axes and practice the figure eight. For those who don’t know it a battle axe is swung in a figure eight pattern. Have some fun! GLTA