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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 dragonfly454on Nov 15, 2021 6:06pm
243 Views
Post# 34129423

SP and other stuff

SP and other stuffSP has been over analysed at this point ...I guess as OCM would say it's not a linear relationship in this new paradigm anymore..and we agreed ..where as another brilliant spectre expects an algorithm to exist to extrapolate well progress hoping it would establish a direct relationship between depth and Share Price lol how's that for sensible conversation? In my opinion .it appears that there is a wasteland zone (like on Metalorn) where there is no SP movement because the expected return relative to share price and the Company's past dismal track record create a "doldrum effect"..by the way the well is being drilled in the center of that maritime space called the "doldrums".. @SportyJ lol.. We are the dead. Our only true life is in the future. We shall take part in it as handfuls of dust and splinters of bone. But how far away that future may be, there is no knowing. It might be a thousand years. At present nothing is possible except to extend the area of sanity little by little. We cannot act collectively. We can only spread our knowledge outwards from individual to individual, generation after generation. In the face of the Thought Police there is no other way. George Orwell, 1984.
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