No Hedge Here - Fast Becoming The Envy of The Patch$7.60 US gas is worth about $9.60 CDN to Birch
Birch's ~400,000 mcf/day productio gas is pulling in close to $4M/day for thier gas alone.
Most other gas producers have bees in their bonnets and have hedged - be careful which name you buy.
I think BIR's management sees it clearly.
AAV (Advantage) hedged a fair chunk of their production at <$5 - ouch.
Best kept secret around these parts it seems - judging by the low share price.
https://www.youtube.com/watch?v=2PePXnXxRGE