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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) > At this rate when oil
View:
Post by Deckdude on Sep 24, 2022 4:28am

At this rate when oil

hits fifty bucks in about six to nine months as the recession sets in, Cardinal will cut the dividend and the share price will be about a dollar again for a few more years until the next big surge which will happen it just may take a couple decades.
Comment by CJInvestor on Sep 24, 2022 9:12am
Thank you deckdude for finally showing us all your true colors here. You're a shorty like I labeled you months ago. Now we can all see when you whine and complain daily you think you're influencing the weak to sell by pretending to be a disgruntled investor. I will be right here to respond daily to your gibberish. So stop wasting all of our time. 
Comment by egee on Sep 24, 2022 11:06pm
Fraid not
Comment by Tradestay on Sep 25, 2022 10:06am
historically oil demand dont have significant drop due to recession. Thus far rates are not crazy high as you will believe by constant media bombardment. Check your five year chars for Canada and US as an example. Supply weakness is whats different this time and will protect oil price bottom. US SPR is coming to an end and then we will see the true impact of years of underinvestemt in oil. Lastly ...more  
Comment by Moremoney4u on Sep 25, 2022 3:54pm
HAHAHA, NOT LIKELY. Oil will  NOT HIT....   50.00 bucks. The economies are still very strong. Oil demand is strong, and will only get better in about 6 months, CHINA opening up, lack of supply, infrastructure not capable of producing more oil, THE WAR, SUPPLY TO BE REDUCED, blah, blah, you get it. THE FEDS will reduce the rates, US DOLLAR will be lower, and the price will RISE BACK ...more  
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