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Bullboard - Stock Discussion Forum 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... see more

TSX:CJ - Post Discussion

View:
Post by traderlong2 on Dec 02, 2020 3:38pm

Debs

Interesting the debs 5.5% traded 48,000 shares at 99.00 today
cant get much more shored up than that
they should be paid out this month
my guess is we sit in this range 60-65 cents until they announce the long term financing deal
by dec 15th as announced
then they will blow the lid off the this thing
my guess .90 cents to 1.10 range by the new year
surge after the financing last month with the goverment is over 100 mil market cap
Cj is just 68,mill and imo a better company
glta
Comment by JohnBP1 on Dec 03, 2020 6:27am
Thanks TraderL,  yes hanging in here long term..   should bounce...
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