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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 JayBankson Sep 06, 2022 10:30am
135 Views
Post# 34943821

RE:RE:RE:What REALLY sucks.....

RE:RE:RE:What REALLY sucks.....

NonCredibleSrc wrote:
THIS, right here, is the right way to look at things! Congrats Jay!

 

Thanks!

But really that's the thing, don't let the losers get you to low or your winners get you too high, stick at it and try and make decisions your comfortable with. Sometimes you will draw into great timing by your own analysis, other times it will be luck, some gains will just be time in the market and organic growth from it... but sometimes you will pick a good company at the wrong time, once in a while a poor company that looked pretty good or atleast able to beat its issues...

I like to sit back and laugh at my losers and taken them as lessons... and to be honest, my best moves I've made have been more lucky timing thus I haven't really learned much from them other than sometimes it's ok to take a risk...

No one is bulletproof and your not competing with anyone, your just trying to improve your own financial situation.

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