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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Energy Oil & Gas E&P
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) > Lagging all others
View:
Post by Deckdude on Aug 17, 2022 10:05am

Lagging all others

again. What's the issue with this stock ?
Comment by caretired1 on Aug 17, 2022 10:24am
Buy puts
Comment by twinjett on Aug 17, 2022 10:48am
My guess and it's only a guess is they have placed bids on buying another property. Any time any of these oil stocks buys a new property they drop like a rock. Looks what happened to whitecap resources when they bought in July. Stock holders have waited years for returns on these oil stocks and they have no more patience on delays to getting there money back they have lost for years.
Cardinal Energy Ltd (Alberta)
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