Birchcliff Energy Ltd T.BIR

Will we go below $2 again?

[PlutusofCrete]

What do you guys think? I'm pretty sure I saw someone just last week saying we'll never see below $2 ever again.

[wsm1234]

I'm surprised with the price movement on this the past couple days. I know that all the oil stocks tend to sell off at once, but NYMEX is up near $2.70 this morning (up 1.5%) and Birchcliff has a ton of their gas sold at NYMEX price minus a differential.. is this people reacting to the lawsuit news maybe?

[Oldnagger]

The market at present ascribes hardly any value at all to future prospects as can be attested to by the fact that reserves over and above PDP ,land and facilitiies are treated as being non existant. Many of these stocks are worth many times their market value based on their holdings. In time , once this bluster about the end of hydrocarbons ends and the fears of bankruptcy wane then finally we