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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

Comment by bossuon Jun 29, 2021 9:20am
135 Views
Post# 33465276

RE:RE:Monday’s breakouts:Worth reading...

RE:RE:Monday’s breakouts:Worth reading...D'ont agree at all.
Analysts are revising their targets because of the natural gas price variation and potential .
With the natural  gas price evolution they have to change their forecasts.
When all of the analysts following BIR change their outlook is  a very good sign and suggest to hold if you are in ...possibly a buy for new comers..but looking at the chart for''one year'' and a 4 folds or $ 1,20----$ 4,80 now you need to decide by your self what you are going to do.
In my case ,I sold some because I was ''in''a year ago and of course suffering but see now a continued growth in the company . 
Still a 0,11 increase at $ 3,70 for +3,12 % this morning .
Next hurdle $ 5,00 and very soon !
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