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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

Cardinal Energy Ltd (Alberta) > Do you think CJ will hit new high soon
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Post by jodoub on Jul 11, 2022 8:37pm

Do you think CJ will hit new high soon

Ever since Erik sold his shares the stock price had not been able to go to where it was. With the company making so much money and having excellent management I'm hoping that it will turn around since this is such a great company and we'll see a new high.
Comment by Pottsy on Jul 12, 2022 7:22am
The issue is that CJ tends to track the ups and downs of the crude price. It's a good company but don't get fixated on it's potential, there are lots of CJs out there also with dividends, the market is ficle. The traders pump and dump, the digital world lies and missleads, you have to be careful as a small investor. Look what Nuttall did....
Comment by Re1ndeer2 on Jul 13, 2022 11:14am
Agree with the hypothesis but CJ has to "show us the Numbers".....Safety,Production, Debt, Dividend plan, buybacks, and Capex........I would love a monthly update news letter.....long and strong
Comment by caretired1 on Jul 13, 2022 11:20am
July 28 is when all gets told 
Comment by RusticHit on Jul 13, 2022 11:44am
Cj is traders stock for long time now since they declared  5 cents Div. that is putting some support under it and Cj is holding far better than other OG stocks as far new highs i don,t think it will hit new highs soon may be if Oil breaks above 120 bucks again  which i doubt 
Comment by swetazo on Jul 13, 2022 3:21pm
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