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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 tiger77on Aug 28, 2019 4:41pm
151 Views
Post# 30076527

RE:RE:Nail biter

RE:RE:Nail biter What is very interesting to me is the fact that this has just been a steady climb (not a ton of volume until this afternoon) but there wasn't the typical frantic crazy run at the end either upwards or downwards.  There also hasn't been crazy pumpers coming out of the wood work either causing me to think it's a pump and dump.

Wondering if people are taking profits from ECO and realizing that we are a very good buy, lots of immediate catalysts as Oil_Run has posted or if there is news coming that has leaked but hasn't been released yet.  Either way great little run these past 3 days and hope it continues into tomorrow.  If it does I think you will also see a green Friday and news before open on Monday (my prediction)  If we are red tomorrow it could be a natural pullback but a bit more inclined to think nothing news wise is coming just some folks not wanting to miss the bus.

Time will tell....

Best of luck everyone!

Cheers!
Bullboard Posts