Birchcliff Energy Ltd T.BIR

Jeff gives the boyz&girls an update

[barneyj44]

Our stock is getting "Murdered" lately. Those were Jeff's words when we went below a buck. Okay were not getting murdered but lately we have under performed. I get were unhedged and NG has been erratic but our peers with there poor hedges are outshining us. We could use an update.

[robert41]

I beleive he said 19th or 22nd of January for the update. Yah regretting I didn't have more in oil stocks but I still see the future as awesome for Bir. Once the debt is down. The buy backs aren't doing much because the float is too big. Once the debt is down maybe then focus on buy backs maybe I'm not sure. I know he says give the money back to shareholders but this divi is almost

[barneyj44]

Agree the dividend raise was a joke. Paying down debt should be number one. Share buybacks are fine if you have a buyer in sight. At $4 plus gas were still making great money being a low cost producer.