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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 waitingstillon Nov 02, 2021 12:35pm
159 Views
Post# 34077818

RE:Leaks

RE:LeaksAgreed. No leak. Almost all selling is from one house - RBC. They are negative 6.5million shares just in Oct alone and way more than that if you could previous months. Like negative 4.5 million in June and July. They have been hard on the ask. Another negative 240k already today. All this selling from one house. My guess is JDC hasn't finished unloading their 14.5 million shares yet. Maybe they are blowing out their last shares today because they seem to not care how low the SP goes today even less than yesterday. Let's see I guess. Not much other choice.
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