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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 Mat1791on Dec 17, 2021 9:19am
144 Views
Post# 34240027

RE:RE:RE:RE:Re Harel

RE:RE:RE:RE:Re Harel
Harel1976 wrote: I got burned very hard in the past and dont want it to happen to others so when i see the same upside with much less risk i point it out, thats it.


Fair enough...

Others don't see it quite the same.  Ultimately, success/reward will make it's way into both company's stock valuation, but the timing of that value may be quite different.

IMO, a good result could effect CGX quicker than it bakes into FEC.  So, perhaps the play is to capture the quicker bounce and then change players?

Double dip??
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