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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

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 wells on its offshore Corentyne Block and drilled three more exploration wells on its onshore Berbice Block. In addition, it has acquired and processed over 7,000 square kilometers of three-dimensional (3D) seismic data on its offshore licenses. The Company through its wholly owned subsidiary, Grand Canal Industrial Estates Inc. The Company is engaged in the development of the Berbice Deep Water Port in Region 6, Guyana. Its other subsidiaries include CGX Resources Inc., ON Energy Inc., and others.


TSXV:OYL - Post by User

Bullboard Posts
Comment by grh525on Mar 15, 2012 10:13pm
387 Views
Post# 19678416

RE: RE: RE: RE: Insider Agrees with me?

RE: RE: RE: RE: Insider Agrees with me?

I would be happy that CGX hits oil, many will do good in their investments and it means there will be more money to invest in other Canadian juniors, so don't get me wrong at all. I was only using CGX and AOI as examples for comparison purposes.

 

BTW, someone should be calling CGX tomorrow to find out why someone is allowed to sell even a small amount of shares while drilling is on going, there should be a blackout period for insiders with such major event in progress. May be it's not even a real insider and you shouldn't worry about it until you see some SEDI filings (could be a large security holder or some special case selling a little but not a real insider).

 

Bullboard Posts