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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 tiger77on Jan 05, 2022 8:57am
203 Views
Post# 34284447

RE:RE:Wow

RE:RE:Wow

SportyJ, when the big money (funds, oil producing money) comes in those are the guys that will happily carry the next leg of the journey from those of us that want to trim or sell.  Firms, funds or investors that are buying into a producer or big reserves aren't in it for a few cents here and there they are here for the long haul, dividends or major dollars.  They aren't severe risk folks like we are here as they'd be buying into a REAL company at that point so I'm not worried about the fire alarm going off and 1 exit door so to speak.  Yes there are a lot of us right here on SH that I know for a fact own many, many millions of shares but not all of us are going to want out, or to trim at all and some of us will want to hang with the big boys if they turns out to be the giant we are all hoping for!

GLTA the longs.  I'm having a hard time sleeping with anticipation so hoping we are almost there now anytime.
 

Cheers,
 

Tiger77

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