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Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Energy Oil & Gas E&P
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

Birchcliff Energy Ltd > Need Advice
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Post by PlutusofCreteon Feb 19, 2021 1:01pm
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Post# 32610823

Need Advice

Need AdviceTeam - I'm not as pro of a trader as some folks on this board. Since 2017 I have been avging down on BIR in my TFSA. I've pretty much gone all in on BIR in the TFSA as I kept trying to get my avg price down. 

The current avg price is $3.11. Would you suggest I sell half of my BIR holdings and then buy back if we hit the $2.75 range? 

The risk is that this weakness doesn't last and we move back up. 

What would you do? 
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