Cardinal Energy Ltd (Alberta) T.CJ

Nuttall BNN

[Vesta63]

Eric says Cardinal is currently fully priced, don't expect upside until higher production comes online.

[UltraTired]

WTI  Crude is near $86 and rising. Don't buy that, either he is being conservative  or he wants  to delay so that he can buy in.

[lnggasfor202324]

I beleive were going to see wti prices between $90.00-$100.00 and WCS closing the gap with WTI as we get closer to Trans Mountain flowing oil.  If oil stays up here for a 3-6 months I strongly feel the stock prices will climb up more especially the ones that have been lagging like CJ, because of their flattish production.  Whenever the cashflows go up so should the oil producers one week

[Vesta63]

I agree with your thoughts. I was just relaying fund managers thoughts on current sp. If oil does stay at $80-100. I think CJ can see$10. GLTA