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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

Post by Mannyman99on Feb 27, 2021 8:04pm
340 Views
Post# 32680250

Crazy Thought

Crazy Thought

Hey guys, I hope everyone's been enjoying this helluva show called OYL over the last couple of weeks and I hope you've held through this minuscule but nice little bump up. I think some big things are coming. Oil is going to go through the roof soon enough. A lot of shorts from when the pandemic first hit are about to start expiring and soon enough this stock will start to rocket. It's all synchronizing very well I'm my opinion. This stock is going to get to atleast $6 bucks (IMO) very soon strictly off of oil investors rushing in and after that god knows how high we could climb from either 1. Nice JV 2. Buyout 3. Somehow going at the drill w FEC 4. The port with the gov of Guyana. All of those options seem like $$$ to me. 

With all that being said... phew.. does anyone see cgx getting above it's all time high of $35 CAD or so..  

intrigued to see what everyone has to say, thanks. 

MJ

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