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) > Cj my 2 cents

<< Previous

Bullboard Posts

Next >>

Comment by kavern23on Feb 09, 2021 12:49pm

140 Views

Post# 32513994

RE:RE:RE:RE:RE:RE:RE:RE:Cj my 2 cents

Lol...looks like I timed it right today :) ....LFG CJ!

Backinblack1000 wrote: that is two things a person should never do...1) listen to you...lol....and 2) listen to me....lol

Light Crude Oil (CL1:COM)

58.11 0.14 (0.24%)

kavern23 wrote: Will the debenture holders short CJ common shares knowing that that can always convert?
Key question and I don't know the answer and it may not matter if oil can strengthen enough.

I took alittle drink and got some CJ shares this morning and way more YGR.
Going to stop loss CJ at 1.25.

Am I advocating anyone else do this...f*ck no...we are all adults and I understand the risk here.

No point in turning back.

Backinblack1000 wrote:

RHertig wrote:
BinB it beats my small steady rises. :)

hey...i am bullish...but i don't think you would hear me say $2 by the end of the week.
Yes, they do say they think they are a leader with upside torque to wti...got that......and
that is great.....maybe alittle short term confusion with the debentures...for mr. market...
and if wti continues, then so should cj.to....imo...

yes...i have been wwwwrrong before...but the above is pretty conservative...imo
Any body got anything better...lets hear it...lol