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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

Post by Tracer69on Feb 01, 2022 5:03pm
249 Views
Post# 34387021

I was in deep 10 yrs ago

I was in deep 10 yrs ago

I lost 90% on my holdings. 10 years ago like many here.

I did buy back in before Xmas at $.90 CDNA.I have made back my my losses plus 50k.I do have nothing but respect for anyone that has held this for over 10 years.Good for you and God bless.I am in the Dominican Republic for a few weeks.I may fly to Guyana next as it's too cold to go home.I am so glad they finally hit pay zone.They are beyond broke but I will hold my remaining position that was $15 before reverse split..So for many it has been too long coming.Cheers!

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