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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

Energy Oil & Gas E&P
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

CGX Energy Inc > Re Ai Algorithm predictions
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Comment by Hoorayon Dec 31, 2021 10:06pm
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Post# 34275534

RE:RE:RE:RE:Re Ai Algorithm predictions

RE:RE:RE:RE:Re Ai Algorithm predictions WS do you think it is irrelevant whether it is 300M or 1B. Well, 1B will definitely determine the input from the JV or maybe the price of a possible buyout. Just a question but would you prefer a JV where the stock price is determined by market forces where all the longs are heading to the exit at the same time driving the price down or a buyout where the price per share is predetermined........? I can say for sure if there are no buyers and all the longs with their millions of combined shares trying to sell at the same time it will be carnage of the share price......just a thought.
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