Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Barkison Jun 06, 2022 10:10pm
192 Views
Post# 34735881

RE:Do shorts ever get nervous

RE:Do shorts ever get nervousSomebody has to pay it - and it is not you or I or the company paying twice.

Answer - Yes - But probably just part of thier business plan - whatever that may be.

I think the key here for impatient longs is to tighten up the trading.

A steady increase in share price with very little back sliding should send them packing sooner
rather than later. Either that a decsive breakout in the natural gas price above the $10.30 level should
do it also.

A hurricane or two sweeping along the gulf from west to east without touching the refineries
would keep the pressure on upstream price also.

This a key map to watch for the next couple weeks.

https://www.cpc.ncep.noaa.gov/products/predictions/814day/

<< Previous
Bullboard Posts
Next >>