Birchcliff Energy Ltd T.BIR

Cold snap this week

[goldenrivit]

Failed to push NG over $3 like I expected.But weather for next week in Canada and US is going to be warmer so I guess it possible NG could sink below $2 and BIR could fall below $8 as investors might get scared that the div  at that price might not be able to get funded if prices stay below $2.So its a cr*p shoot for the short term.

[checkup]

I did not see this low coming. There is technical support at around $2.50 for Henry Hub....FWTW Supply draw on Feb 2 -135, above 5 year average of -187; on Feb 9 - 173; below the 5 year average draw of -141. Freeport needs to come on line.. thats for sure. 

[AboveBoard]

A low could possibly be $1.95/$1.59 based on current situation.  Posted ng $2.50 - $3.50 range awhile back.  If the "puppet masters" push ahead full speed, it may result in a "oil covid" situation.  Those who understand know what Im saying.  Absolute bottoms difficult to predict as well as absolute tops. my neighbor kept bragging about ng and telling me it

[GuidoSan1]

Above, IMO opinion I concur with your NG price analysis, so much so without logging in I had to un-ignore you to quote lol. The long term technicals rarely lie they are quite accurate extended out from going back up to 20 years. Add in the current noise (fundy's) storage weather etc. and even the most undervalued stocks (the few that are left out ther) are still taking a pounding now. (SDE as