RE:What is the street looking for at Birchcliff? Meh, better options who can deliver now.
Birchcliff promises 5% next year in dividends. Players like Arc will be giving 5% this year and potentially 10% next year.
Birchcliff comes with more risk and I dont see the reward being there at this time. Next year if its still lagging and they had enough time to knock off debt...then we maybe I will revist. Lagging hard last couple weeks and I want to find something to make me like it. They are also adding shares at a ridiculous pace.
Cheers,
A less handsome oil and gas fantatic.