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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
Post by GA_Makemydayon Dec 12, 2012 12:29pm
415 Views
Post# 20719899

I prefer to wait for 0.15...

I prefer to wait for 0.15...

..never thought this would sink this low again, but here we go again.

The situation now with CGX is now a combination of two things:

- a) some rats who have been dumped from this capsizing ship are attempting to swim back towards HMS CGX in the hopes of regaining some of their earlier strength by  doubling down

and

-b) some rats who have not lost too much so far on HMS CGX are fleeing this ship for good in favor of other more promising and/or stable ships

As for me, well, I am just trying to determine what kind of rat I am.  :)

Bullboard Posts