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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) > Buyout in the offing?
View:
Post by Kherson on Mar 14, 2023 4:48pm

Buyout in the offing?

I have been saying for about three months now that Cardinal's share price has been manipulated for a buyout! Today's price action and volume speaks volumes!
On top of that, our paid basher SadieLadyCO is now quiet after his bashing campaign towards Cardinal from about two weeks ago!
Interesting...
Kherson
Comment by JayBanks on Mar 14, 2023 5:03pm
She's gone back to BNE... unfortunately for me....
Comment by JohnnyDoe on Mar 15, 2023 6:37am
Who would be interested in buying out CJ? It's a low 20k producer with very low debt without a huge asset portfolio. The mid caps likely aren't interested because it doesn't have significant land holdings.  It strikes me that CJ would be more likely to buy out another small producer than get bought out itself. Something in the 10k a day range
Cardinal Energy Ltd (Alberta)
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