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Bullboard - Stock Discussion Forum
Birchcliff Energy Ltd
T.BIR
Alternate Symbol(s):
BIREF
Energy
Oil & Gas E&P
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...
% working interest in its Pouce Coupe Gas Plant and two oil batteries, as well as various working interests in numerous other gas plants, oil batteries, compressors, facilities and infrastructure. Its Pouce Coupe Gas Plant, which is licensed to process up to 340 million cubic feet per day (MMcf/d) of natural gas, is located in the heart of the Corporation's Montney/Doig Resource Play.
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TSX:BIR - Post Discussion
Birchcliff Energy Ltd
> Mistake, BIR is shorted on uptick big time today
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•••
moneywinner1
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Post by
moneywinner1
on Sep 23, 2022 10:57am
Mistake, BIR is shorted on uptick big time today
It must be going lower, by trading going on with shorting on uptick, wow
(102)
•••
marketsense
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Comment by
marketsense
on Sep 23, 2022 12:38pm
The bad side of being unhedged in a down nat gas price being exposed. That said nat gas today is off 2.18% while BIR is down over 11%. That looks to me like its singled out as a shorters target like a deer in the headlights. Bottom line is a huge disconnect between nat gas drop and BIR price drop. If my these is correct, then any upswing in nat gas should create the
...more
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