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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... see more

TSX:BIR - Post Discussion

Birchcliff Energy Ltd > $8.20 is the support
View:
Post by goldenrivit on Jan 26, 2023 9:53am

$8.20 is the support

Looking at the chart
Comment by RusticHit on Jan 26, 2023 10:09am
Morning Buyers above 8.80 were on Opium early today  lol Nat gas to 20 months lows and these stocks has some more down side  now if Nat gas did not recover soon
Comment by goldenrivit on Jan 26, 2023 10:18am
Long term buyers know short term NG prices have no impact.Remember the $3 threshold is and average price.NG was $3.50 a few days ago what was a 20 months price on NG? Also what was the debt load of BIR 20 months ago?Also no declared what is now close to a 10% div if it keeps droping.If you pay it buyers will come to buy to get in before the X-div date.ITS ALL GOOD!!!!!
Birchcliff Energy Ltd
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