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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (30718)4/20/2008 10:56:18 PM
From: Proud Deplorable  Read Replies (1) | Respond to of 78666
 
I think they (TTR) sold their Montney assets didn't they?



To: Paul Senior who wrote (30718)4/21/2008 10:17:34 AM
From: Paul Senior  Respond to of 78666
 
OT: Montney I'll start a very small amount of Birchcliff Energy now.

So risky in the short term though (and maybe long-term too): Just seems to me the stock has risen fast and so much already. Maybe too much so.

finance.yahoo.com

As much a bet (for me) on the jockey as on the horse here. I just am hoping the game isn't over for this stock.

Message 24515799

"Almost 18 per cent of Birchcliff's stock - worth $230 million - is held by one investor: Seymour Schulich, the billionaire philanthropist with a reputation for investing in only a few companies, but regularly backing the right horse.

Mr. Schulich bought another 1.2 million shares in BIRCHCLIFF in the February financing deal; he believes that the stock could climb to $50 a share in the next three years from more than $11 a share today, as long as natural gas prices hold up.

"I really like them, and the play has a lot of potential," he said in an interview. "But the management has had some great success in the past and they run the company as it should be run, which is very attractive. You can't pay too much for good management or too little for bad management."