CGX Energy Inc V.OYL

Norwidgets from Norway and Something from Peru

[dragonfly454]

...analysis ..Cat vs Butterfly

[Dirksidetrack]

Easy anslysis. So what do all of these superimposed states - geophysical, geological, geopolitical, political, financial states resolve to? According to the laws of quantum theory as demonstrated by Schrodinger's Cat they can only resolve themselves to one definite state. People are betting on what that state may be. Super cool! Hope things work out for people. But where is the friggin bid

[waitingstill]

I have to say I am somewhat surprised by the lack of bid interest. I am guess/hoping that people are on the sidelines until it is official that FEC is buying all those shares at $1.63 and the money is transferred to CGX. Wonder how long until we get that NR?

[stark15]

As per the Rights Offering press release... "The Corporation expects to close the Rights Offering on or about Oct 29/2021.".........so the NR should be next week sometime?

[waitingstill]

Man, I sure hope we don't have to wait until "sometime" . I would hope a Monday morning NR stating it has closed and money will transferred but I expect it might not be until Wed when all papers get signed. So we wait.

[Dirksidetrack]

Part of the rights offering annoucement was a 20 million bridge loan from fec to oyl. So I wouldn't worry about oyl running out of money. It's all public.

[ljmorin]

For some reason CGX always finds ways to muddy the waters at the worst possible times!! I guess I shoulda clued in when they got chased off by Suranime Gunboats right before their first offshore drill that maybe it was a sign of things to come. But Noooooooo here I still am. GLTA, Have a great weekend.

[oldcompanyman]

Morning gents, Is there a screenshot/image I do not see here?