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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

Post by integrity11on Mar 09, 2021 8:45am
250 Views
Post# 32750791

Birchcliff to Breakout Very Soon - Drive to $5

Birchcliff to Breakout Very Soon - Drive to $5Birchcliff, like other great NG producers Crew and Kelt and Crew has been under the control of shorters and needs to and will get out of their control soon. Crew was held down to the $1 range until yesterday when it finally broke out of the control of the shorters who learned a good lesson yesterday. Crew closed at $1.15 yesterday. Like they did for Crew the shorters play the buy and sell cards to start the day. They work their bid/asks together at a lower price than the closing price of  the previous day. Worked for them for Crew just like it has been for Bir. Not sure if what they are doing is above board or not but IMO we need to keep the ask price up and let the bids come to us. Love to see the shorters panic.
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