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.

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Cardinal Energy Ltd (Alberta) > CJ and Nuttal

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Comment by Moemoney42on Jun 08, 2021 10:03am

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Post# 33347081

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CJ and Nuttal

Yup making a fool of yourself is your daily ambition I see... laughed when I called VET at $8.75 when it was in double digits and then brags about buying lower.. sad.. real sad.. you're so phoney.. not fooling anyone.. LMAO..

Backinblack1000 wrote: Try not to confuse your little buddy jay when you say you have three bullets left....lol....i am sure that Jay doesn't realize that neither high alfie....or his supposed side kick meo no money do not have any cj.to shares....
In all fairness...we should recommend that Jay seek the advice of a qualified financial advisor....imo....

Got my alarm level..at 3.04 or 3.05....but my stink bid for many times more simply did not fill....

LAST TIME little meo called out a price...i enjoyed buying cheaper....increased profit margin when selling latter....higher %%% more $$$$

maybe quit pumping obe so much?? It should be on the bottom of the list below...imo...

kavern23 wrote: I did kinda answer my own question...and my brain must have been foggy as for income tax purposes this must be set up like a mutual...capital gains tax is going to flow to mutual fund holders and not Nine Point. Best structure.

The cash component Ninepoint hold makes sense if a amutal as that can cover "expected" redemptions. Over 5% redemption is unlikely too happen in a normal month.

I did a buy this morning purely on a hunch of how Eric Nuttall works and his nine point fund.

I think Eric does his buys on the first 5-8 trading days of the month.

If you look at Obsidian Energy....they basically had low volume for all of May.
Then boom in starting June 500k plus had basically traded everyday.

It is possible Eric is accumulating, someone is buying OBE hard each day.

What are Eric's choices in the 15k-50k BO space in Canada:

Torc - gone
Cardinal
IPCO
Surge
OBE
TVE
ATH

Who am I missing?

Choices are pretty slim....it dawned on me last night and I got little sleep...but i dawned on me that if Eric is willing to touch BTE for his fund then he could be likely to skip past OBE"s "warts' as the pickings are slim.

Eric could easily go on next BNN and say "holy f...look at OBE FCF ability"...and start the pump...

Happy trading all. Still waiting with 3 CJ bullets.