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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. 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

Post by Jumpy88on Nov 14, 2017 9:38am
150 Views
Post# 26958185

This Board is hilarious

This Board is hilariousDisclosure: I took a very aggressive position in CJ a couple months ago in my TFSA @ 4.75 avg. 

I certainly do not read the posts on this board to make buying or selling decisions, I do my own DD well before making any decisions. Having said that, this particular board cracks me up more than others. Seems everyone on here are making very bullish predictions on a daily basis and by and large everyone is completely wrong lol. I do find it entertaining and amusing though. I feel most of us are long on CJ for the same reason and the path to success is paved fruitfully but it isnt gonna happen overnight so dont get all ruffled when things dont go straight up. Bide your time and remember why you bought in on CJ, that should help you get by on bad days... such as today or this week is shaping up to look like.

Moly, keep posting your facts. I find them very good reading and thx for that.
Estavanoutsider, keep praying for that middle east war and Venezuela default. Every little bit helps.

Jumpy
Bullboard Posts