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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Post by taalon May 15, 2024 10:23am

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Post# 36040994

Trading

In the last week or so the majority of the shares have be done by CIBC and Anonymous...Back and forth trading..This morning for instance Cibc buys 8000 shares from Anonymous on the ventures and 20 min later on the Alpha exchange Anonymous buys the 8000 shares back from Cibc..Ask yourself ...there were over 400,000 shares traded the other day ...the majority Cibc and Anonymous...Who at this stage of the game is truly selling thier shares...I highly doubt any longterm shareholders...Then Who??? This share price manipulation is so obvious its funny...

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Geologica Resource: Polymetallic upside at a depressed price