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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) > $1.870.22 | 13.33%....sweet
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Comment by JayBankson Mar 04, 2021 10:21pm
90 Views
Post# 32725105

RE:RE:RE:RE:RE:$1.870.22 | 13.33%....sweet

RE:RE:RE:RE:RE:$1.870.22 | 13.33%....sweet
JayBanks wrote:

I've had similar issues with Itrade and I recently went ballistic on them, sent a ton of complaints through many channels and got several managers contacting me... I kinda feel it fell on deaf ears and I told them several times when they ask how I feel that I will not recommend itrade or Scotiabank to anyone ever.

Anyway, to the main issues at hand...

Go to this website, bookmark it and download the "list of securities eligible for reduced margin"... it gives you a 20 page PDF of all companies that ur suppose to get margin on, ones that are being deleted and added also at the end is the basic standards of qualifications...

I own DIV which was added to the list and I calculated I should have gotten about $4500 of margin space on my account... if a stock that's over $2 isn't on the list it says it could be not listed long enough or not have float or volume moving in the time frame...

CJ qualified before and will again but I think it will take 3-6 months after it hits the $2 price and maintains it...

But yea I just don't understand why something I own that was added to the list didn't give that allowance... maybe Scotia is late to apply as  usually they are a day or 2 behind on dividends appearing and applying new interest rates or maybe it's cause I purchased it when it wasn't qualified... if anyone reading understands please enlighten...


 

I should include the website link lol

https://www.iiroc.ca/news/Pages/Dealer-Notices.aspx

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