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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 tiger77on Dec 08, 2022 9:04am
128 Views
Post# 35158577

RE:RE:Starkly was right

RE:RE:Starkly was right

Agree with everything you are saying other than one thing.  

Odds are 56% in favour vs 44% so greater than 50/50.

Depending on your share count and I realize it is all relative for ea of us depending on lots of factors ie. what you make, what you have, how many shares etc etc but tell me when the last time you had a 56% chance of winning Lotto 6/49 for example.  The answer is for all of us here for a decade or more this is the best chance we will ever have of the feeling like we won the lottery if this goes well.  We all know that if they hit a good amount that between Kawa (with the commerciality report being submitted) / Wei-1 now CGX at a bare min will be bought up for a large premium.
 

Know what you have and hang on for the ride!

GLTA!

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