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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 loopsbutterflyon Jul 15, 2024 9:08pm
126 Views
Post# 36133946

RE:RE:RE:Ok folks

RE:RE:RE:Ok folks if the shares goes over $7,00 I will lose my shares right away?????

I think you dont know how it works...

the holder will sell the call in the open market for a quick profit....

I sold my call for $0.15 it means the shares can go as high as $7,15 and I dont lose a penny...

further more I have enough experience on that situation and can tell you the last investor who hold my call just before the deadline will not exercise the call if the shares close the last day before $7.00

and the worst scenario the shares close at $7.06 and he got my shares...so what??? I got $7,15 for the stock.....

please do your howemork before posting wrong information on that bullboard
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