Cardinal Energy Ltd (Alberta) T.CJ

Buzz on the Bullboards: Tech gains amid weak commodities

[JohnBP1]

Q1, my Majic Carpet says we should get a "bump" before divi X date, 31st May,  yes hang in but beware early June.   

[lnggasfor202324]

I'd exspect before then.  Markets are supposed to be forward looking.

[CJInvestor]

"Not making gains until then"...as in when? After the saag project is done?

[lnggasfor202324]

Who cares what that little puppet likes.  Hopefully he will be out next election.

[Quintessential1]

That will probably secure the dividend but I don't think we will see the share price making any big gains until then,  Sit back collect and enjoy. ;-) GLTA

[divime1]

Cardinal has received a reserve based lending commitment from a new lender, Business Development Bank of Canada. The increased liquidity will provide additional support for the Company's

[PressRelease]

Calgary, Alberta--(Newsfile Corp. - May 27, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") announces it has entered into an agreement with its syndicate of lenders to extend and increase its credit facilities ("Facilities"). The Facilities were increased to $200 million...read article.

[loopsbutterfly]

no....I am buying on weakness

[lnggasfor202324]

Short it then≥. Put your money where your mouth is.

[Smokey1958]

https://www.reuters.com/markets/commodities/oil-price-forecasts-raised-supply-risks-persist-2024-04-30/#:~:text=A%20poll%20of%2043%20economists,%2483.50%20so%20far%20in%202024.

[loopsbutterfly]

It is going right there....just wait and see by yourself...

[UltraTired]

It was hovering around $70 at the beginning of 2024. Hardly a free fall, unless you want to make drama.

[loopsbutterfly]

really???  oh yeah down from a top at $86,68

[Nielsxja]

OPEC+ meeting is scheduked for June 1st, not 25th.

[Jonathon Brown]

Weak commodity prices and a significant sell-off among heavyweight financial shares counterbalanced gains. read article.

[VeritasVern]

The "message" to OPEC has been sent to them for the past year at least and likely shortly after inflation began. In case you don't recall, OPEC would announce production cuts and oil