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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) > Share price action
View:
Post by egee on Dec 19, 2023 1:58pm

Share price action

Seems the activity on this stock is muted.
like no one wants It and no one wants to give theirs up
or is that off base
Comment by Quintessential1 on Dec 19, 2023 4:39pm
Sounds right on target to me especially with a high and healthyish dividend.   Commodity driven so increase the production or the price or remain flat but also 12%ish yield.  Thats double a going GIC rate, monthly and a prefered tax treatment for those that need it. GLTY and all  
Comment by lnggasfor202324 on Dec 19, 2023 6:03pm
Yeppers.  A 12% dividend yielding @ 12% doubles every 6 years.  I doubt it wont stay that long. 
Comment by loopsbutterfly on Dec 19, 2023 6:25pm
Could you be a little bit more explicite? my wife is a little bit nervous....we need the cash cow dividend in order to pay our bills last trade $6.27 up $0.07  and slowly going back to confort zone or should I say the support zone
Comment by traderbri on Dec 19, 2023 6:55pm
Just hang in there, this stock is a cash cow and will do you good in a few months. I feel very confident in CJ and have been adding more. Cheers
Comment by lnggasfor202324 on Dec 19, 2023 8:07pm
I buy shares with my divy but I don't drip Cj.
Comment by loopsbutterfly on Dec 19, 2023 5:35pm
just follow the money.($$$)..Insiders are buying for a reason.
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