Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by highalpha1on Jun 06, 2021 6:28pm
115 Views
Post# 33338006

RE:RE:RE:Explaining CJ's recent weakness

RE:RE:RE:Explaining CJ's recent weakness@BackinBlack1000: I question whether you're literature or not, as my original statement about whether Nuttall sold his position or not was unequivocally clear. I will quote my previous message for your benefit:

"Third, there is no verifiable proof that he has completely sold out of his position in Cardinal. Read my original message carefully. What I said was that as compared to his public disclosure of top 10 holdings from April 30, 2021, Cardinal is no longer among them as of May 31, 2021. This means that he has either sold out of his position in CJ completely or he has significantly reduced the percentage of the net asset value (NAV) of his fund allocated to CJ. The proof of this is on the Ninepoint Energy Fund webpage, which discloses that CJ is no longer a top 10 holding. See: https://www.ninepoint.com/funds/ninepoint-energy-fund/"
<< Previous
Bullboard Posts
Next >>