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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

Comment by Phantombloggeron Oct 21, 2021 4:02pm
196 Views
Post# 34034397

RE:RE:RE:RE:RE:RE:RE:RE:Wouldn’t they already know results from primary target now?

RE:RE:RE:RE:RE:RE:RE:RE:Wouldn’t they already know results from primary target now?"would be a pretty sad look on Frontera to be doing a press-release next Friday saying the rights offering is completed and that they are paying a pretty big premium on shares relative to the open market price"

WCP, they should pay 2.00 per share instead of 1.63!
We're here because of Frontera, whose history has been to drive SP down all these years.
What's that about their sad look? They should pay 2.70 per share and be happy, very happy, for what they have done to CGX. Got it for pennies! All this new stuff about news conference, is to save their a$$es from the possible reactions to that CFO actions. We've never seen Frontera/CGX so eager to have NRs.

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