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

Alternate Symbol(s):  CRLFF

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

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Post by Luckyguy777 on May 17, 2022 9:26pm

Selling?

So today 1.7M shares traded.  Why would you sell with the story pictured?  I own about 25% of that volume and no chance I am giving away shares at this price.  I don't need to add more but if this drops in a meaningful fashion I will certainly do it when the yield is near 7% and only expecting it to increase with sustainable dividends.

I realize 1.7M shares is only around 1% of the float but are there that many people that just cant handle the fortunes they are being given?
Comment by masfortuna on May 18, 2022 10:21am
So you own 425 000 shares...So 4 million dollars worth...Ok np. Sure...
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