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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 Phantombloggeron Feb 14, 2022 10:35am
279 Views
Post# 34426155

New Low, New High

New Low, New HighJudging from today's NR, and the ensuing Negative Posts on the board, I can say this:
It's been hard to hold this stock, for reasons that are familiar to all the longs. With the kind of shadey/cagey/catchy NR today and also the NR's of December 2021, January 2022, one can say with clarity that we're no longer going to 0.50 cents CAD as puported by several before the December 15 NR.
So what's going to be the new LOW?
What's going to be the new trading range?
I defer to Taal and others who are willing to 'listen a little' to some of these obnoxious shorts with their negative posts.
As the Dragon and the Resident Nobleman Dirk pointed, "SheDrills has left the house with her constant pumping"....
Of course, we also want to hear DeAlba's presentation on Wednesday....
I do understand also that they are sensitive negotiation with possible JV, Buy Outers, etc, etc. But still the NR's are like drip....drip...drip
Just doesn't make sense!
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