RE:RE:Current TechHowdy Crete, happy Monday to you also.
Birchcliff entered undervalued area a handful of weeks ago sub 7.00 and with decline tech targets being met it was time to take a firmer initial position again in the hopes of a double from current levels roughly 18 months out. (I can wait I thiink lol)
BIR unfortunately is nowhere near the undervalue thaty SDE is and I have added a number of times even into the 8's on weakness in anticipation of north of $17+ to $23 roughly same time frame as BIR again all fundy metrics remaining strong. IIt appears SDE is not afraid to add some new hedges again currently in the mid $4 NG.
Maybe Scotia and just a handful of others have their longer term targets right on SDE also $17+ as they are the ones likely with most skin in the game. The management is strong (+15 years) this is their 4th company being built to sell on a 5 year plan, the previous 3 being extremely profitable sales and this one will be no different. They are currently 2 1/2 years into that plan, and I can cvewrtainly wait with core on this one, cheers.