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.

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Birchcliff Energy Ltd > target

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Comment by GuidoSan1on Sep 17, 2021 3:31pm

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Post# 33878933

RE:RE:RE:RE:RE:RE:target

I have my opinions on the current buy back so I won't insult you with them as they are unfortunately negative for a few fundamental reasons.

Instead, here is what I see on charts, weaker oversold indicators this time around, first line of short term support I see is around 6.20, and with breakout run up nothing of substance again until 5.25.

A possible landing area possible to 6.00, unlikely area 5.50 we'll see. Of course all IMO.

Cheers enjoy the weekend.

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