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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 > NCIB blackout?
View:
Post by Grandcentral on Jan 27, 2022 1:43pm

NCIB blackout?

Is it possible we are in a blackout being so close to Q4? I'm sure insiders are now restricted, and as soon as results hit the street, so will a bunch of extra dollars. Something seems amiss why we aren't seeing buying in this sp weakness and commodity strength. My guess is regulations are weakening the entire sector by restricting insider buying - great results just weeks away.
GLTA
Comment by PlutusofCrete on Jan 27, 2022 1:56pm
Insider buying should be restricted under blackout for ELT and staff. Not sure if that applies to the legal entity though. $$$ are tied up in CAPEX around now too. 
Comment by robert41 on Jan 27, 2022 2:22pm
I have been puzzled by this too plutos might be right all cash going to cape right now but you think they they might have some extra cash given the gas prices.
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