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

Alternate Symbol(s):  CRLFF | T.CJ.WT | T.CJ.DB

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

View:
Post by Diligent2 on Nov 30, 2023 4:00pm

I'M out

Out of most of my oil stocks today . Will stay that way until US production falls, which I have been told by several informed analysts, Brazil falls and iran falls.
Comment by Pottsy on Nov 30, 2023 4:41pm
Yes Dil2, it's not nice. This lot reminds me of the last drop a few years ago, big swings like today, obvious manipulate by the Arab oil companies who know what is next. I'm not saying we are headed way down but if you have made money on CJ consider locking in and going to the sidelines. P
Comment by Windsorman on Dec 01, 2023 11:57pm
Next Wednesday BOC and latest oil inventories. Bond rates going down not a time to chase stocks. Gold and silver look strong as long as US dollar tanks.Tech still too expensive..Little to no dividends. .People should be wondering why bond yields are dropping GLTA