Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s): CRLFF

Energy Oil & Gas E&P

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. Its Midale operating area of over 730 million barrels of original oil in place (OOIP) and its low decline in production of 3,200 barrels of oil equivalent per day (boe/d) (net) is supported by both waterflood and CO2 enhanced oil recovery. Its South District operating area is located east of Calgary in southeastern Alberta and produces medium gravity crude, as well as liquids-rich natural gas. Its Central District operation is located in East Central Alberta, which is focused on producing oil from multiple, large OOIP pools. Its North area includes Grande Prairie, Clearwater and other properties.

TSX:CJ - Post by User

Cardinal Energy Ltd (Alberta)

Bullboard Posts

Comment by righand2on Jul 02, 2017 10:28pm

115 Views

Post# 26428959

RE:RE:RE:RE:RE:RE:RE:The deal closed...

Naka2112 wrote: You can't even say the stock would fall 20 cents if a clean up trade happens. Stocks often go up when that happens because the shorters stop playing games and investors put the bought deal completely behind them.

Again, I think that he syndicate will wait until the stock is above $5.50 to slowly sell.

You know nothing. If there are unsold shares, the underwriters will be glad to sell them at their cost, which is $5.28
Why do you insist on proving your ignorance? All that does is make your pumping of CJ look even more ridiculous.

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