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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 > Simple question...BIR $8 in 2024 again?
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Post by GotNoPension on Jun 21, 2024 7:43am

Simple question...BIR $8 in 2024 again?

What do others in the Casino think?  Lol.  Does BIR stand a chance of returning to $8 in 2024?

I stupidly bought at just over $8 for the rich dividend at the time which of course wasn't sustainable.  I don't need the money in my RSP asap, and I know Nat Gas is projected to go up. 
Because its unhedged, I think it could torque up nicely if NG price goes up over about $3.50 again?  Just interested in other Casino players thoughts about BIR for balance of 2024. Thanks for sharing...
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