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Bullboard - Stock Discussion Forum 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... see more

TSX:BIR - Post Discussion

Birchcliff Energy Ltd > This dog can't break $1.95
View:
Post by deepblue on Jan 07, 2021 10:03am

This dog can't break $1.95

What gives?
Comment by PlutusofCrete on Jan 07, 2021 10:35am
It broke it....a few weeks ago people were singing BIR praises and talking about $3 or $4 prices real soon.....I hope it's true. Been waiting a long time. 
Comment by deepblue on Jan 07, 2021 10:42am
Seems when there is some momentum it sells off late in the day.
Comment by deepblue on Jan 07, 2021 11:28am
Selling off from the high of $1.98 already. What a joke!
Comment by ngtraderng on Jan 08, 2021 3:19pm
When NG goes up 7% BIR does nothing. When oil goes up 3% BIR does nothing. My guess is that the money flowing back into the sector is going to the big caps first. Eventually BIR will catch a bid. If oil & gas prices continue firming we should see $4 this year.
Comment by Oldnagger on Jan 08, 2021 6:28pm
Today. two things: profit taking and the large increase in rig counts for Canada  I think a lot of investors may fail to realize that unlike the US , a lot of Canadian companies shut down their rigs during the Holidays. THUS the seemingly large increase is mostly a resumption of drilling.
Comment by Oldnagger on Jan 10, 2021 10:52am
Maybe this will make the dog stop chasing his tail The polar vortex may be on its way - CNN
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