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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 Quintessential1on Mar 01, 2024 3:54pm
71 Views
Post# 35910183

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Oil Climbs Toward $80 a Barrel

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Oil Climbs Toward $80 a BarrelSo your initial 37900 +7100 @ $6.02...still a slight average down

The shares I goaded you into buying @ $6.28 averaged you back up

Then the ones someone else sucked you into buying @ $6.30 took you back up even more

Huge gain on paper?  LOL  unhatched chickens loops taxed at your full marginal rate.

The shares I sucked you into buying are cash in my pocket now loops.

Cash that is only taxed at 50% my marginal rate and not due until next year.

Plus there were almost 5 times that amount sold again...why didn't you buy those at $6.28 loops?

They were all for sale at $6.28 but you chose to average up at $6.30  LOL  

And it still begs the question: Why didn't you buy the full 12 100 at $6.02?

gracias grinDR

GLTA





loopsbutterfly wrote: not 2100 shares at $6.02 a little bit more....just read carefully man

my average is down quite well

I wish you a nice weekend  brother

$$$ not in  my pocket but huge gain on paper


gracias   grinnnnn



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