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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil 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... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > everytime i think i'm out they pull me back in
View:
Post by uograd on May 02, 2023 10:14am

everytime i think i'm out they pull me back in

6.93 is a beautiful price.  might take awhile but summer driving season coming and china reopening so 74 oil is closer to the bottom then the top

if i am wrong will take what an 11 per cent dividend while i wait

this is a great stock to trade not necessarily to hold so back in I go.
Comment by JayBanks on May 02, 2023 1:14pm
You should play options if you want good prices to get in... I got 500 for 6.57 if the price stays below $7 next month ($213 already paid to me no matter what happens)... @ 6.57 = 10.95% yeild... We are about to get an earnings release in the next 2 weeks I believe and it should look pretty solid...
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