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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

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Post by divime1 on Jan 11, 2023 1:07pm

Eric Nuttall

in Dec added MEG to his Income Fund and it doesn't pay a dividend . CJ currently has a yield of 10 % and he sold his 10 million shares  months ago . He throwing away $ 600,000 a month . Why do people think he's an energy expert ?

https://www.ninepoint.com/funds/ninepoint-energy-income-fund/
Comment by Ladyfern on Jan 11, 2023 8:34pm
And they trade off heavy metrics as they are widening away from wti not sure why Ninepoint is so aggressive with oil sands plays lots reserve life? I believe 90percent of his picks aren't doing so hot. 
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