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Bullboard - Stock Discussion Forum 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... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Short interest is increasing in CJ
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Post by CJInvestor on Nov 04, 2022 2:22pm

Short interest is increasing in CJ

No surprise this group is full of these brave idiotic souls lol. Will have some pressure for a while but then the elastic band will shoot us up to new highs shortly (pun intended).  Have a good weekend longs.
Comment by caretired1 on Nov 04, 2022 2:41pm
Earnings next week!
Comment by Fastguy69 on Nov 04, 2022 4:21pm
Well they dropped the debt by 85 mil to 62 mil in Q2 so hopefully we have almost knocked it right out of the park! Next few Q's will be exciting! 
Comment by Quintessential1 on Nov 05, 2022 10:21am
0 debt and an increased divi announcement for Jan will be major catalysts. Nothing sells like ACTUAL numbers.  A boosted WTI with a shrinking WCS spread will be good too when heavy oil refineries re-open. Shorts will be squeezed and high $12s will be achieved GLTA
Comment by caretired1 on Nov 05, 2022 2:36pm
Agreed!  Debt sb under 25 at q3 end and zero by end of year!  Lots of dividends and buybacks to come
Comment by Coopsvw92 on Nov 05, 2022 3:50pm
I think your debt figures are optimistic, hope you are correct.  Guess we will see Thursday evening.
Comment by Quintessential1 on Nov 05, 2022 6:06pm
F'n right we will! LOL GLTY and all longs
Comment by sclarda on Nov 06, 2022 5:23pm
Coopsvw92 wrote I think your debt figures are optimistic, hope you are correct.  Guess we will see Thursday evening. ----------------------------------------------   Yes it appears that some posters on this board seem to either not read the companies press releases or cant comprehend them very well.  In the press release from September 12th. less than 2 months ago stated that ...more  
Comment by Coopsvw92 on Nov 06, 2022 5:41pm
I think some may not be considering the ~ $25M used on buybacks at ~$7 per share.
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