Cardinal Energy Ltd (Alberta) T.CJ

Oil Climbs Toward $80 a Barrel

[Quintessential1]

https://ca.finance.yahoo.com/news/oil-heads-weekly-advance-spreads-232749662.html

Not that it matters that much. 

CJ is making enough bank even at these levels to fund cap-ex and pay the div.

A little left over for some debt reduction would be nice but growing production at lower costs will move that ratio down too and will pay off in the long run.

GLTA

[loopsbutterfly]

your last comment February 26,2024  wti is going to $80 ...lol    why the lol???    wrong again....lol hold long and prosper and dont sell at $6,28   wti is going to $80

[Quintessential1]

You mean this comment loops? (896) ••• Comment by Quintessential1on Feb 24, 2024 3:06pm 98 Views  Post# 35897352 RE:RE:RE:RE:Bulls attack Asking a guy that didn't know the 2024 contribution level of his TFSA or the tax implications of his RRSP when oil will hit $80 is just as good as guessing.  if he

[loopsbutterfly]

lol ! loops is always right hold long and prosper gracias   grinnnnn

[Quintessential1]

Umm....this is my thread loops.  It seems I am always right.  Or Yahoo is LOL gracias grinDR GLTA

[loopsbutterfly]

you should join my fan club (check vet ) oil traders short squeeze ???

[Quintessential1]

Is that the $ hit the fan club loops?  I already own VET loops you followed me here from there remember? Just the normal cycle of oil prices rising higher into the higher demand season loops. A monkey could have predicted it. Hey he did! LOL gracias grinDR GLTA 

[loopsbutterfly]

You should join the fan club I shaked the tree a little bit then I got your shares at $6,28 man gracias  grinnn

[Quintessential1]

Yeah I saw you picking them up off the ground with the $6.30 shares. Way to average up loops.  Is that what you teach in your fa club? gracias grinDR GLTA

[loopsbutterfly]

Dont worry papy will teach you gracias  grinnnn

[Quintessential1]

Teach me how to average up and pay the most tax of any investor in the country? Thanks but I'm good.  LOL gracias grinDR

[loopsbutterfly]

all right I can teach you a little bit for free 2100 shares x $6,28 2900 shaes x $6,30 7100 sharesx$6,02 ---------------------------- total=$74 200/12 100 shares=$6,13 thus I think I averaged down quite well then add my 37 900 shares

[Quintessential1]

LOL.  You bought the $6.02 shares first then my $6.28 shares and then the $6.30 shares That is averaging up loops.  Gee it almost looks like I was the one shaking the tree huh? Actually I think they call that sucker fishing.   PMSL gracias grinDR  GLTA

[loopsbutterfly]

wrong dont forget my average for the initial 37 900 shares (around $6,29) my 50 000 shares have been average down quite well with my last purchase of 12 100 shares for $6,13 gracias   grinnn

[Quintessential1]

Wrong loops....your initial 37900 + the 2100 at $6.02  was a slight average down. Then you averaged back up when I goaded you into buying my shares at $6.28 Someone else sucked you into averaging up more by buying more at $6.30  LOL BTW loops  why didn't you just buy the whole 7100 at $6.02?   gracias grinDR

[loopsbutterfly]

not 2100 shares at $6.02 a little bit more....just read carefully man my average is down quite well I wish you a nice weekend  brother $$$$$$ not in  my pocket but huge gain on paper gracias   grinnnnn

[Quintessential1]

So your initial 37900 +7100 @ $6.02...still a slight average down The shares I goaded you into buying @ $6.28 averaged you back up Then the ones someone else sucked you into buying @ $6.30 took you back up even more Huge gain on paper?  LOL  unhatched chickens loops taxed at your full marginal rate. The shares I sucked you into buying are cash in my pocket now loops. Cash that is

[loopsbutterfly]

I didn't buy the same day first day  7100 shares for $6.02  (my order was there for 10 000 shares) other day I bought the remaining 5 000 shares in order to get 50 000 shares I really dont care for those $6,28 and $6,30 shares at it was still a good price versus my original 37 900 shares at $6,29(average) hopes you are not jealous gracias   grinnnn

[Quintessential1]

An Order for 10 000 would have made 47 900. Odd that the market saw fit to only fill 7100 making it 45 000 even.  How convenient. Then you went for the 5000 buy afterwards for an even 50000 because you like even numbers like 47 900 right loops? Fictional fairy tales do not make me jealous loops they make me pity you. Even if your fiction were true I cant imagine a more pathetic investment

[loopsbutterfly]

sorry my english not good but I have the feeling you dont believe me but I hold that block of shares then for a pathetic investment ??? Are you serious??? I am sitting on a huge capital gain around $25 000 on paper... I can pay the tax but I am not stupid.... Do you thing that I will sell all of those shares in the same year??? I know how to sell in an orderly manner to avoid huge tax bill

[loopsbutterfly]

then further more if I keep the shares in my RRSP I will not have to pay tax then if can rise the capital very quickly.....that's why the RRSP is a good investment until I do a withdraw...I dont have to pay tax. and I can withdraw the money in an orderly manner in order to avoid huge tax bill. sorry I didn't explain quite well...I can sell all my shares in the same year but I have to

[Quintessential1]

(215) ••• Comment by loopsbutterflyon Feb 26, 2024 7:00pm 47 Views  Post# 35900336 RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:swing trade at $6.28 I told you many times and it is the last time  the dividend(to pay bills and entertainment) most of my shares are inside of my RRSP thus it is clearly obvious that I took it out of my RRSP(the

[loopsbutterfly]

It is sad that you are a trouble maker...I really dont know what you are trying to expose yes I can pay tax and I have to withdraw the money in an orderly manner... for sure after my seventies I will have to be very carefull but for now I withdraw the dividend and that's good for me and I dont have to pay huge tax bill

[Quintessential1]

This post has been removed in accordance with Community Policy

[loopsbutterfly]

How can you accuse me to be a liar?

[loopsbutterfly]

Did you pay them before CJ??? pay what????  my shares are fully paid but will stay inside my RRSP I dont understand your question....it looks you are clearly a trouble maker I am honest

[loopsbutterfly]

$3000 gross earning is enough for me my house is fully paid and I have very few expenses but me I my wife need the dividend otherwise we will look at other investment opportunities I am in my retirement but just have 57 years old and I dont have my pension and my rent as of yet I am honest and it is sad that you dont believe me maybe my English is not good but I am very good in French