Cardinal Energy Ltd (Alberta) T.CJ

Baffled by the memory loss here

[MohelJFox]

People are being called greedy, or are making up their own interpretation of what shareholder returns means. 

Look at it from this angle----the day they published the graphic with a 7c dividend at 90$ oil---- we all said ok Management---- we haven't been below that since May, so game on !

Then they went conservative and settled at 5c. So what, we hold our breath and think "yeah sure they are being conservative, we just need patience" 

Then when phase three comes--- (we are in it now) they will surely communicate an increase of something ?

But now we got share buybacks, increased Cap-ex and lower oil prices, however still above that 90$ peak payout chart.

So, true like one poster keeps regurgitating that we may not have enough money to do all of the things we want. Posters expecting a 7c dividend isn't far fetched !
It was the first promise--- broken promise if we want to get specific--- that we are wondering about.

So where is that 7c @ 90$ oil ? 

Do you believe they didn't coommunicate this ?

[Coopsvw92]

Sell your shares

[MohelJFox]

Ok Coops how many ? CJ  CARDINAL ENERGY LTD COM   201,550 8.5178 8.85     CJ  CARDINAL ENERGY LTD COM   201,550 8.5178 8.85   CARDINAL ENERGY LTD COM   24,628

[Coopsvw92]

If you don't think management knows the business as well as you think you do sell them all and move on... I'm quite happy with what they have done personally, and if you're patient you will be rewarded.

[sclarda]

Coopsvw92 wrote If you don't think management knows the business as well as you think you do sell them all and move on... I'm quite happy with what they have done personally, and if you're patient you will be rewarded.6 ------------------------------------------------ Hey Coops. I was thinking of selling some of my CJ shares.                

[Coopsvw92]

Lol