Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

CGX Energy Inc. is a Canada-based oil and gas exploration company. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.


TSXV:OYL - Post by User

Bullboard Posts
Comment by pathfinder8on Sep 21, 2013 5:31pm
402 Views
Post# 21757553

RE:It's market psychology

RE:It's market psychology
Well imagine that, Joe and I are on the same page.  Well said Joe, I believe people are too jumpy here.  They should have been really jumpy in May 2012 with the stock was over a buck or over 10 bucks pre split.  This is a world class potential play, of which there are few to be involved with in the investment world for the average person.  That was why people were here in the past number of years.  What happened is past, so the weakness is amazing but to say CGX is worth less than 40 million at this juncture, would make even PRE look like dummies with their investment.  I don't think they are dummies when I look at their success.  Patience will be rewarded, but it just may take time.  Those who want to sell, do so, likewise those who have any funds, make purchases here. Be prepared to wait till next year probably in the late summer.  With bank interest at zero, there is little opportunity costs now. Remember, even if 2 % of the stock has been changing hands in the past couple of months,  98% have held the line and I'll go with the 98% on this one. In this market, people almost have to be bid takers to sell, which is what is happening. 
Bullboard Posts

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse