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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 Jul 15, 2024 3:29pm
152 Views
Post# 36133484

RE:Ok folks

RE:Ok folks

Yeah but "clearly out of the money".

Psst  if they are "clearly out of the money",  why would anybody buy them? 

GLTY and all 


lnggasfor202324 wrote: Ok folks in front of our own eyes we'll see loops lie again i bet.  He said he was making a lot of money selling $7.00 covered calls.  If CJ goes over $7.00 his shares get called away and he won't own the shares he sold covered calls on anymore.  He sure makes a good contrary indicator lol... GO CJ GO.

 

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