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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) > Poison Pill?
View:
Post by Kherson on Apr 03, 2024 2:31pm

Poison Pill?

Is Cardinal preparing for a Hostile takeover? 
Is Strathcona Resources our fly in the ointment?
My money says it is!
Kherson
Comment by tinkvid on Apr 03, 2024 2:53pm
Id welcome that. Time for Ratushny to Retire on top.
Comment by lnggasfor202324 on Apr 03, 2024 3:18pm
Base on what?
Comment by w8asec on Apr 03, 2024 3:21pm
Share would be going up instead of down if there were a take-over in the mix
Comment by lnggasfor202324 on Apr 03, 2024 3:29pm
Not necesarraly> Daylight energy, Nexen, And  deer creek energy never.  They were held down by short sellers.
Comment by Kherson on Apr 03, 2024 8:15pm
I was involved in the Daylight Energy fiasco and the subsequent ASC investigation into what really happened with Daylight Energy. The short sellers had lots of encouragement from both inside and also from outside sources into believing that Daylight was in trouble, when in fact a deal was being hatched behind the scenes with Sinopec the whole time! Let's not forget that the CEO of Daylight ...more  
Comment by lnggasfor202324 on Apr 03, 2024 9:19pm
I did very good too. It was stuck under $4.80 for a week or two and closed at $4.69 the last trading day before it was tooken over.  I think it was thanksgiving long weekend because I just got back from a big game hunting trip.  The day it was tooken over, there was more shares traded then their entire float.
Comment by lnggasfor202324 on Apr 03, 2024 3:30pm
I was guessing athabaska.
Comment by UltraTired on Apr 03, 2024 3:36pm
Why are you spreading rumors?
Comment by meritmat on Apr 03, 2024 3:53pm
There's no poison pill.  If somebody makes the right offer there sold.  They don't offer anything special then any other small oil company 
Comment by lnggasfor202324 on Apr 03, 2024 3:56pm
It is trading below vthe proved and producing number.  Can you tell me some more small oil  companies that do?
Cardinal Energy Ltd (Alberta)