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Bullboard - Stock Discussion Forum 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... see more

TSXV:OYL - Post Discussion

CGX Energy Inc > TIC TOC
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Post by firo1988gt on Apr 27, 2021 8:49am

TIC TOC

Time keeps moving along. Five months down and seven months left to go.  At least the train is now on the track and speeding in the right direction.  Sorry but I still do not understand anyone wanting to keep the stock price and company value low.  FIERO  GLTA
Comment by westcanpride on Apr 27, 2021 10:03am
Something is definitely still happening in the background with regards to share price. Yesterday was another good example... some poor fool purchased at .94 close to 10,000 shares. Like clockwork, it was brought back down to .89 without any problems on like 500-1000 share sales. Such a joke.  At any rate, there are roughly 50 trading days until the first full week of 3Q (July 5, 2021 ...more  
Comment by tiger77 on Apr 27, 2021 11:02am
WCP, if you still think that "some poor fool" bought shares at $0.94 and still isn't going to do well than you should probably sell as I'm telling you they will still do just fine. If it wasn't for the fact that I have hundreds of thousands of shares already I'd buy more right now also ahead of an impending drill but the fact is I'm locked and loaded and anything ...more  
Comment by westcanpride on Apr 27, 2021 11:32am
Just to be clear tiger, i still think .94 is a great entry point. Its more of the principal to me... buying at .94 vs .89 because of MM manipulation. 
Comment by soulfire on Apr 27, 2021 10:38am
firo it could be only a couple of months to go. Third quarter starts on July 1st and they said early 3rd quarter. We need that elusive JV to keep us on the rails or else we may have to get off at the next stop LOL. I don't know if more options are coming but the MM sure has a strangle hold on this stock. I know of people who want to buy but just can't get any shares unless they do market ...more  
Comment by fottom on Apr 27, 2021 2:50pm
FIERO, I don't see the motive for holding the price back either.  Assuming they are engaging with multiple parties for a JV positive price movements would add to the urgency of securing a piece of the pie for interested parties. We are left with the burning question of why a JV hasn't been secured already in the past several years and particularly now that it is drill time.  ...more  
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