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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) > When does CJ go on a run?
View:
Post by TheWokeLemming on Jun 30, 2023 9:55am

When does CJ go on a run?

It's barely bounced off the 52 week low despite WTI up 5% this week and likely increasing more into July.  Time to put that NCIB to work!
Comment by TheWokeLemming on Jun 30, 2023 10:47am
This weeks action has been ridiculous.  Watching my ATH investment jump 10% while CJ is barely above its 52 week low and has lost 10% this month.  
Comment by Sirlostalot on Jun 30, 2023 12:24pm
Hello Woke , you should own TVE , will make you  feel a lot better about CJ . 
Comment by TheWokeLemming on Jun 30, 2023 1:02pm
Lol!   Perspective does help for sure.  I'm staying away from any company that expands debt and share count.  Loved BTE until they went down that path. CJ needs to do something more regarding divvy or NCIB to get me to put more dollars here in the long term.  Right now the NCIB is a nothingburger at 3 million shares a year. Short term though I like these levels and have ...more  
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