RE:RE:RE:Plenty of management change happening at the end of the year"BIR is not looking to buy assets right now. But you can bet they are in the crosshairs of A company like CNQ or TOU. And at the current stock price a decent premium will be paid."
I TOALLY agree with the first part of your statement, that there are probably a "few" predators closely looking at Birch for as a possible acquisition. The latter part of your statement though, isn't really accurate or in the books. And i'm basing this on solid facts & evidence which will be tough to deny or argue. Saying something like CNQ or TOU will pay a decent premium in really a contradiction in terms of the highest order. Both Tourmaline & Canadian UnNatural have built their massively big empires on the backs of cheap acquisitions & Scrooge like mgmt......AND not paying high premiums on anything. Especially the latter.
So saying something like that is really amusing to me. IF CNQ has you in their sights, you better pray to Jesus that Birch mgmt aren't made from the same cloth or of the same ilk like Painted Pony or Pipestone mgmt. Because if they are .....then i WILL PRAY for Birch S/h......because they will not act in your best iinterests.........And i'll keep repeating here that Birch BEST outcome will be either a merger with Advantage or Kelt OR sellout completely to someone like Arc, Whitecap, Nuvista/Pou
Avoid Canadian UnNatural like the Black Plague.....and you better hope Birch mgmt stay far away as well
GLTA