CGX Energy Inc V.OYL

COMMON SENSE ***********

[stark15]

people, use common sense here......answer a simple question,

Its obvious this share price is being kept low......why do u think Frontera agreed to pick up any rights not exercised and then keep the price low?  Maybe because they want them all !!  

Then u have to ask yourself why would they want them all?  Maybe they have information u and i dont?  Maybe they are sure they will not only profit from this rights offering, but profit BIGTIME. 
Does ANYONE think Frontera would agree to pick up any rights that are not exercised if they didnt have information that tells them they are going to make $$$??  ANYONE, ANYONE??

Dirk, u have lost credibilty here when u refer to catman/clouder....u use all the bubbles and charts u want to....but try a little common sense while u r at it.

Here's a good summary of FACTS that support cgx taking off after this rights offering is over.....TraderRJS posted,

"Btw, if either the port was priced into the SP,  Kawa-1 wasn't surrounded by oil in large quantities, the tracts of land CGX controls weren't located so favorably, the current management team wasn't so experienced, 3rd party review of their 3D findings wasn't favorable, majors weren't actively looking for ways to get more involved in the basin, the price of oil wasn't moving north in what appears to be a long term trend, Fronterra wasn't showing confidence by buying up any available shares left over from the offering, the practical float wasn't so low, I'd probably be more conservative."

These are FACTS, not bubbles or charts or analysis.....just the FACTS.....  

[Dirksidetrack]

Ok I don't care about my credibility here. You guys are mentally lazy. Clouder hard working smoking reefers and drinking $450 per bottle 25 year old rum by his pool in Georgetown with his naked sexrataries. Lol.

[Miftee9]

You can speculate all you want with a million different scenarios as it is a fruitless exercise. It will drive you batty.  Nobody knows.  You need to make some decisions.   Either you believe in the project or you dont.  EIther you believe in management or you dont.  If you are scared, sell all or some of your shares.  If you have big balls, invest.   

[Dirksidetrack]

Why the either/or binary choice Clouder or Oil_Run. Both are right. Clouder playing fear to get in cheaper, Oil_Run not pumping the stock but actually posting material facts that support the stock. Old Company Man supporting on a technical level. OCM believes that this is not an HTHP well. That is key!!! If they find commercial oil in non HTHP then opetating expenses go way down and operating

[Geologist5]

Spot on with Oil_Run. Provides clarity and is a straitshooter on the prospects with this endeavor. Bottomline, in the event something goes wrong and deviation from what we know now, I can live with that. I sleep extremely well at night.

[Dirksidetrack]

Yes OIL_RUN has talked about the "Berbice Canyon System" a few times where Exxon et al just hit oil again on Cataback1. You can see what he is referring to by looking at figure 4 in this pdf download analysis done by Halliburton: https://www.researchgate.net/publication/330753463_Basin_Modelling_Offshore_Guyana_Predicting_Source_Rock_Risk

[CLOUDER]

HAHAHAHAHA,  OHHH,  this is to funny,   my thanks for the laugh.  L.O..L.    ohh ,well i think a little prudent profit takeing ,to be smart,  but you have to hold some or half for the outcome.

[Dirksidetrack]

Yeah sell into the rally. There's really no other time to sell except for when there's lots of bid interest. Trades don't get settled until bid matches ask. You can ask all that you want but if nobody is buying (bidding) at that price then you will sell nothing.Get your money back and the rest is netback on your investment.