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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 > Almost 60% in the Q2 and price is soaring..
View:
Post by bossu on May 24, 2022 8:03pm

Almost 60% in the Q2 and price is soaring..

Just having a look at the Nat gas price going forward :
-Average price on  the chart was about $ 4,50 and now in the 2 first months ot the Q2 is around $ 6,55 
This  show that BIR selling price look like a 50 % increase and bottom line to be outstanding.
Bir to be debt free or $ 0 very soon !
Stay tune
Comment by Burgersandfries on May 24, 2022 8:33pm
Any thoughts on the shorts in BIR I just can't understand why anyone would want to be short last short report on Stockwatch was just under 8million. Just seems odd to me especially with the divi going up. I believe if ur short you have to pay for the divi I just don't get it.
Comment by robert41 on May 24, 2022 10:46pm
The only thing I've heard is that pros have a short in place because of a long position somewhere else. Whatever that means I've been wondering this for 2 years I'm still baffled.
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