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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 newtonboyon Sep 14, 2023 11:26am
168 Views
Post# 35636101

RE:We would be in the Highe $8.50+

RE:We would be in the Highe $8.50+

Usually the share price goes up on the days before X divy (today) but in this case the price dropped over 40 cents with over 18 million traded yesterday, and today its up abit. Wondering why the sell off prior to the bonus. It's my understanding that shorts would have to cover the divy if the shares are borrowed. Last report states over 13 million shorts. Maybe Mr.Tonken should rephrase his icinic quote to " The road to hell is paved with shorters", unless of course you are one of them. 
Any thoughts.....

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