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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 jtddon Dec 16, 2021 12:02pm
201 Views
Post# 34237192

RE:News Release Thoughts

RE:News Release ThoughtsI think it's very important now to realize that with a period of renewed silence approaching, we don't fall victim to the inevitable contrarian thinking that accompanies the silence. Investor’s have very short memories and their confidence easily wains due to stretches of silence from the company. The company basically said to not bother them now til they're done. We have to listen. It's almost like an insecure boyfriend or girlfriend who needs to hear words of affirmation every day! It's not going to happen and we have to stockpile these emotions to get us through to the end. Don't fall victim to the insecurities and feelings of paranoia and despair that will most certainly return over the next month of silence. This bump in stock price will dissipate over the coming days/weeks. Expect it. It's human nature. Stay positive. She said she loves you today and had to leave for a while, make that enough to get you through to her return!
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