Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Sep 06, 2024 2:43pm
67 Views
Post# 36212237

RE:RE:RE:RE:RE:cj is falling below $6,50

RE:RE:RE:RE:RE:cj is falling below $6,50Well traders are the market, not politics.

As for China's economy:

China's economy falters, raises pressure for more stimulus


https://www.reuters.com/markets/asia/chinas-economy-seen-slowing-q2-stimulus-calls-grow-2024-07-14/

And the US economy was proven out by your own jobs report.
Adding less jobs than expectations is slowing and not positive.

Oil Falls as Weak US Jobs Report Adds to Concerns About Demand


https://finance.yahoo.com/news/oil-heads-steep-weekly-loss-233142224.html

Who said the FED was cutting by a quarter point?
The only thing good about the jobs report was that it shows the economy needs stimulas and may result in a half point chop and yeah I'll hang my hat on that.

GLTA
<< Previous
Bullboard Posts
Next >>