RE:RE:RE:RE:RE:RE:Cardinal Estimated Q1 ProductionWe have touched 2.40 on only 51k shares traded......
F*CK YA! Feels good this morning...
Time for a song...been awhile:
Backinblack1000 wrote: good day to get started...
Light Crude Oil (CL1:COM)
62.74 0.83 (1.34%
kavern23 wrote: Cardinal should be printing cash for the month of April...heavy oil is over 60 bucks and light oil is over 70 bucks and Cardinal has less hedges in Q2 as some rolled off....
If India can get under control, the USA should have some really bullish oil inventory coming up.
Very very hot stimulated economy.
I expect conversatively starting with the month of April, CJ can start paying down debt by 7 m a month. Cj should be at 150 M bank debt by Sept or Oct.
I am willing to hold CJ until Septmeber to see that as CJ should be three bucks if our debt get's down to 150M.
I hoping to get alittle more tomorow at open at 2.30.
JohnBP1 wrote: Thanks Kavern, question answered, thanks for the extra data......