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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 Harel1976on Mar 06, 2022 12:17pm
191 Views
Post# 34488039

RE:RE:RE:Liza 1

RE:RE:RE:Liza 1The p&a is not the smoking gun, its just one more indicator to the allready obvious to any investor with years of experience in the industry- kawa-1 is a failure!!!! Its not a total failure but the good news from kawa were allready known by the industry. Take carapa with a non commercial light oil discovery, you think tlw's investors would fall for such manipulation if tlw would try to make it look like a good result? In carapa they couldnt manipulate because the jv partners are serious companies but here you are dealing with the worst kind of small cap and such a small percentage of public shares that they can manipulate as they like, as usual with cgx, the fall will very very fast, your risk reward ratio at that price is one of the worst i have seen in a long time. Cgx went from 0.3$ to 2$, use the manipulations to your advantage..
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