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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

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Post by marketsense on Sep 16, 2022 12:31pm

Hold

$20 seems a bit of a stretch but agree that no debt and winter just a few months away
should be very good for BIR.  The recession fears are scaring investors into selling
oil & gas names but I think they will regret it come Dec and Jan.  I suspect the lid will
get blown right off by then.  Just too many factors coming together by then IMO.
Comment by PlutusofCrete on Sep 16, 2022 1:55pm
If $20 is a stretch...what are you expecting? $15 would just bring us back to old all time highs....something tells me this time we go higher. New records are waiting to be set.  marketsense (303) User Actions   September 16, 2022 - 12:31 PM 48 Reads Post# 34967190 Hold $20 seems a bit of a stretch but agree that no ...more  
Comment by marketsense on Sep 16, 2022 2:47pm
Good question.  I am expecting @$15- $17 range which is approx 50% upside from here.  If it gets to your $20,  I'll gladly admit I was wrong.
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