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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 SheDrillson Nov 02, 2021 3:21pm
172 Views
Post# 34078783

RE:RE:Kawa Well

RE:RE:Kawa WellSaving my a$$?  First of all if you're long you're not selling, you're also likely not buying because you're at full position.  No one is saving anyone's a$$.  My comment was directed towards paper handed traders who have no business being in thinly traded spec stocks.  And yes, the Maraj trade is still hurting sentiment.  No new investors have conviction to buy immediately after an insider sells when zero reasons were given for action during what should have been a clearly defined lock up period. It looks shady. Reality is, stocks only go up when people are buying them...reducing that pool hurts existing investors.  People on social media don't realize how many others are creeping their feeds...when the feed signals panic, panic spreads.  It too soon to know the well outcome...the data leak comments are absurd but others not realize that.  Also if the Maraj trade was arbitrarily scheduled a year ago they should have said something about it....instead it's still hanging out there as a concern for new investors.
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