Bullboard - Stock Discussion Forum CGX Energy Inc CGXEF

Primary Symbol: V.OYL

Energy Oil & Gas E&P

CGX Energy Inc. is a Canada-based oil and gas exploration company. The Company is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in the Berbice, Guyana. The Company holds interests in three petrol prospecting licenses, such as Corentyne, Berbice, and Demerara Blocks in the Guyana Basin. The Company has drilled two operated exploration... see more

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CGX Energy Inc > Trading

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Post by taal on Jun 03, 2024 6:01pm

Trading

Looks like we are stuck in this trading range from 30....40...most of the trades going through are Anonymous on the sell and buy side...and some from Cibc...for some reason they do not want it out of this trading range...The last trade today was Cibc from Anonymous for 9500 shares at .35
But not on the Ventures...So we may have a good day tomorrow...but don't expect this to pick up any traction until we trade over that 42...43 ...range on decent volume....then we are off and running....

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Comment by Frank007 on Jun 03, 2024 7:16pm

They are using it as a proxy to short .. or rather keep a lid on frontera ...sell frontera and buy cgx ...what a con game lol ...

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Comment by westcanpride on Jun 04, 2024 8:53am

We need news. Something meaningful from management. Going back in history (most 2016 & 2017), it's clear the money managers have no problem keeping CGX in a very tight range if they want to do so. Since that horrid NR in mid-Nov, CGX has been range bound like you said. I just hope like hell we don't get misleading/bad news regarding a lease extension on Corentyne in the coming ...more

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Comment by Mbxwatcher on Jun 04, 2024 12:10pm

We are helpless at this point. I am committed, even to the extend of losing it completely, to not giving my shares to anyone at this price or lower......If as Frank tells us everyday this is in fact manipulation then i will be damned if I will capitulate. That being said its a huge loss in my portfolio and the last time I will make this kind of investment. Thankfully, for me, only losing ...more

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Comment by a2bman on Jun 04, 2024 12:42pm

Where are their offices anyway? Whatevers listed on the website for Toronto is Fasken's address. When I call toronto number it says call houston office. Call Houston office and line is disconnected. Im thinking of sending the boys down to cgx office in GT see if anythings left down there.

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Comment by chulo123 on Jun 04, 2024 1:08pm

Call +576015112000 Bogota, ask claudia Contreras tell us what she say. it is amazing that we do not have any update.

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Comment by Schreibzey on Jun 04, 2024 1:59pm

You can also call the Calgary office and it'll route immediately to Claudia.

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Comment by Strawboss1 on Jun 04, 2024 8:58pm

How is this stock still trading, when it appears the lights arent on and nobodies home.? Where are they hiding ? Trading should be suspended. I am going to get some legal advice.

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