Birchcliff Energy Ltd T.BIR

WOW ! HEAVY VOLUME & TAX-LOSS SELLING DIMINISHED !

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- GLAD I am BACK IN THE MONEY

- maybe (?) the Vermilion Energy ACQUISITION of HEAVILY natural-gas WEIGHTED {75% NG and 25 % liquids} Westbrick Energy had SOMETHING to DO WITH IT

See:

https://www.prnewswire.com/news-releases/vermilion-energy-inc-announces-strategic-deep-basin-acquisition-302338290.html

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- PRETTY HEAVY volume INDEED from Stockwatch: T:BIR - BIRCHCLIFF ENERGY LTD. - https://www.birchcliffenergy.com 16:27:07 EST Sym-X Bid - Ask Last Chg %Ch Vol $Vol #Tr Open-Hi-Lo Year Hi-Lo Last Tr News Delay BIR - T  

[Oldnagger]

Not for me , I sold some BIR to buy more VET. I love that they are using their lower debt position to acquire more assets. I know that I could acquire more myself with dividends , but for me it is better that someone who knows what they are doing does the acquiring !!

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- ever since the Europeans TAXED the HECK out of the VET NG properties with their OBSCENE EXCESS PROFITS TAX, I have NOT EVEN LOOKED at Vermilion Energy - I like BIR for two reasons: 1- it is UNDERVALUED with the 'EXPECTATION' of HIGHER NG prices 2- I GREATLY APPRECIATE their PHYSICAL and MARKETING DIVERSIFICATION STRATEGY AWAY from the AECO price SINKHOLE  3- the DIVIDEND is

[Oldnagger]

I agree that Bir is a very good prospect now that nat gas is firming. Their lack of forward hedging makes it even more so. However VET has very compelling cash flow metrics and incredible leverage to  future price increases (assuming the EU lays hands off ) Furthermore , I do not believe that the Market has yet given any credence to their substantial development acreage both in North America