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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is an oil and gas company with operations focused on low decline oil in Western Canada. It is engaged in the acquisition, exploration and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District. It has over 730 million original oils in place (OOIP) and its low decline production of approximately 3,200 barrels of oil equivalent per day (boe/d) is supported by both water and carbon dioxide (CO2) enhanced oil recovery (EOR). Its South District operating area is located east of Calgary in southeastern Alberta and produces medium gravity crude, as well as liquids-rich natural gas. Its Central District operation is located in East Central Alberta, which is focused on producing oil from multiple, large original oil in place (OOIP) pools. Its North area includes Grande Prairie, Clearwater, House Mountain, Mica, and Mitsue properties.


TSX:CJ - Post by User

Comment by JayBankson Sep 06, 2022 10:30am
128 Views
Post# 34943821

RE:RE:RE:What REALLY sucks.....

RE:RE:RE:What REALLY sucks.....

NonCredibleSrc wrote:
THIS, right here, is the right way to look at things! Congrats Jay!

 

Thanks!

But really that's the thing, don't let the losers get you to low or your winners get you too high, stick at it and try and make decisions your comfortable with. Sometimes you will draw into great timing by your own analysis, other times it will be luck, some gains will just be time in the market and organic growth from it... but sometimes you will pick a good company at the wrong time, once in a while a poor company that looked pretty good or atleast able to beat its issues...

I like to sit back and laugh at my losers and taken them as lessons... and to be honest, my best moves I've made have been more lucky timing thus I haven't really learned much from them other than sometimes it's ok to take a risk...

No one is bulletproof and your not competing with anyone, your just trying to improve your own financial situation.

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