CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

CGX Energy Inc. is a Canada-based oil and gas exploration company. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.

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CGX Energy Inc > Bmo …lol

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Comment by Kelvinon Mar 24, 2023 1:42pm

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Post# 35359039

RE:Bmo …lol

So Frank, How's all of this work? BMO, GS, CIBC etc are simply acting on many clients' wishes. The same trading house can be bidding and asking at different prices in different amounts of shares because they are brokers for many different clients who have different trading strategies.

So what's an mm? Mm's are employed by trading houses to do what exactly? I read it was to squeeze money out of the bid-ask spread. Do the mm's create the bid-ask spread or the "depth" as they call it when walls exist? If they do, it's only because they can. Where's the f'n bid intetest?

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Geologica Resource: Polymetallic upside at a depressed price