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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) > Been in o and g stocks for over 20 years
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Post by martman16 on Jun 20, 2024 11:42am

Been in o and g stocks for over 20 years

Once in a while you see these growing disconnects between the price of the commodity and the sector companies.  Some see it as a buying opp, as did I during Covid, but now I weary it's a sign of head winds.  Will hold this for divy, but make me head scratch.
Comment by w8asec on Jun 20, 2024 4:26pm
I couldn't resist adding today at these prices... bought ATH, CNQ, also, and you're correct with the head scratching... we will pop like a ripe pimple, or drop like rock very soon as this is a complete disconnect as you say. GLTA
Comment by SCARSURFING on Jun 21, 2024 10:53am
The Libs Capital gains tax is killing our stock market.
Comment by JohnBP1 on Jun 21, 2024 12:19pm
Not so, can I ask which government announcement is specific to this regarding the O and G businesses in Canada, if you are correct and can prove it I will apologize and send you a case of beer....   J
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