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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 a2bmanon Oct 20, 2022 12:56pm
337 Views
Post# 35036725

RE:RE:RE:RE:Time Bomb ?!

RE:RE:RE:RE:Time Bomb ?!BJ - "The tsx is designed in such a way to protect shareholders interests. Getting listed there means that the companies have been vetted and big money institutional investors can be assured that what they invest in are not scams"


TSXV has tiers, higher tiers have more onerous governenance and reporting rules.  There are big instiutional investors all over TSXV listed companies.  They usually have their own rules regardless of the exchange and they sometimes bend those rules anyway.  The venture is for emerging small caps that are more risky but not becuase of exchange rules.  I had AGF and others in my company on the venture.

There are scams on all exchanges, usually the bigger the exchange the bigger the scam

Ever heard of BreX - TSX or Enron - NYSE
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