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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 31, 2022 2:29pm
232 Views
Post# 34564044

RE:RE:RE:RE:RE:Re Harel

RE:RE:RE:RE:RE:Re HarelIf youre in the oil sector from 1998 and this is your knowladge level then sorry but you are not very smart.
If you were to follow my posting you know i posted about the un rational sp of cgx when it had more value then fec at 1.84$ and that i switched to fec at 7$, since then cgx is down 10% and fec is up 100%, and sold!
You would also know that on the update about the active petroleum system when the sp rocketed i explained to the unexperienced investors its a bad result for cgx, and on the results of kawa when the sp jumped to 4$ i wrote that its a non commercial discovery.
All of the above were un popular posts that were followed by abusive comments like yours and all proved correct except the oil quality that results are pending and ill say it again, is 90% non commercial.
You can take out your frustrations on me but the facts are i was right all along.
I have nothing against the cgx investors and i wish wei-1 will be successfull, but i know when im being lied to, and this company is lying in order to survive.

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