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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Energy Oil & Gas E&P
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... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Debt-to-equity
View:
Post by louisintoronto on Apr 10, 2021 9:09pm

Debt-to-equity

Edwards is converting his loan into shares which has diluted CJ's share price but gives the company a lot less debt,  this is a chance to buy at a great price
Comment by Backinblack1000 on Apr 11, 2021 12:50pm
This post has been removed in accordance with Community Policy
Comment by stockfy on Apr 13, 2021 7:50am
Good point. So now his interest is aligned with shareholders'. 
Cardinal Energy Ltd (Alberta)
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