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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 9:43am
211 Views
Post# 34240149

RE:RE:RE:RE:RE:RE:Re Harel

RE:RE:RE:RE:RE:RE:Re Harel
Harel1976 wrote: agree, cgx doesnt have a lot of shares avileable so it will rise higher and quicker, but same on the downside, so the timing in my view is pre results, look at yesterdays bounce, you wouldnt see it in others stocks' now is the time to cash out and move to fec.
imagine you move all your money to fec, its a duster and in a month you sell your shares with no loss and buy cgx at 0.2$ and hold 7 times the amount of shares you hold now.


Harel,

If I, and others thought this to be a duster, and in your opinion a company killer for CGX, which FEC owns 80% of...

I wouldn't be in either!

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