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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

Comment by PUNJABIon Jan 04, 2018 1:19pm
119 Views
Post# 27281727

RE:RE:RE:RE:RE:Everybody Must Get Stoned...

RE:RE:RE:RE:RE:Everybody Must Get Stoned...Time to short weed stocks.

It is a huge bubble. Reminds me about dot.com days. I could see hype and  this run up coming  in weed stocks. But  had a moral block. Did did not touch them.

I remember that discount brokers were not able to handle the volume during the dot com bubble. The herd is chasing the weed stocks. lot of them will end up holding the bag.

It is a game of early buying before the herd comes in.



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