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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

Post by cre8value4meon Jun 23, 2022 2:00pm
308 Views
Post# 34777911

here we go again!!!

here we go again!!!If I had not seen this clean sweep many times in the past by the money changers swooping in to steal as much money as they can in short order I would not believe the disconnect being played out here between what the fundamentals and the market moves .....there is absoloutly no other reason for this price action!
DISCONNECTED MANIPULATION BY THE ALGOS!! They have all the market information that retail does not have regarding margins outstanding and I think it is just automatic when they reach a certain percentage of the stocks bought on margin the computers kick in and harvest the money. 
Rinse and Repeat has true meaning here. money begets money and selling begets selling.....stay calm and go for the ride.
GLTA 

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