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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 > Kawa Well
View:
Post by SheDrills on Nov 02, 2021 12:51pm

Kawa Well

No one knows the outcome of this well yet.  At most they have drilled the campanean secondary target but no well is drilled for its secondary target.  They got to run a liner before they drill the primary target.  No way that's completed yet.

What we are witnessing is just low stamina investors selling.  The price action and Maraj freaked the low conviction players out,

Just look at all panic & exhaustion chatter...that chatter creates more panic.

My only regret is not anticipating that I would be surrounded by so many low stamina traders.
Comment by Dirksidetrack on Nov 02, 2021 1:30pm
Who is selling? Little bid interest or rally to sell into. Anybody who sells say 50,000 shares now at market will only crash the sp. Thank the Lord for the longs who for having "stamina". Otherwise you'd go trying to complain to Maraj about crashing sp like you did last week. Don't understand the point of your comment "My only regret is not anticipating that I would be ...more  
Comment by CLOUDER on Nov 02, 2021 1:46pm
DIRK it`s    COOLAID,    this is the stamina  lol. i know i drank it for about 18 years lol.,  yes the fact that the shares that are left after FEC ,that they are in  really  DIE  HARD COOLAID DRINKING        folk,is why she went up to begin with ,i always though this would happen, but did not in my time.     18   ...more  
Comment by Dirksidetrack on Nov 02, 2021 2:13pm
Who the f knows what it is Clouder. I just got upset with her a couple of weeks ago when she went after OCM that he must be a "land guy" impication being that he is not qualified to opine technically on HTHP offshore because OCM was referring to casing lengths and not drill pipe lengths of 90 feet. He was referring to two casing joints 45 feet long each. She thought it to mean two drill ...more  
Comment by CLOUDER on Nov 02, 2021 2:23pm
oh sorry dirksidetrack, i did not read the post just yours ,just relaying my history a bit ,if your in here welcome to the possible MEET GRINDER i have seen IT a couple of times before, but hey it could be like CRUZ IS  right now    booh yaahh,the ceo called me a month ago and said there was some thing ,well   CRUZ,SPMT,SIE  LAST but best, imo. SIE,      ...more  
Comment by Dirksidetrack on Nov 02, 2021 2:43pm
Lmfao! Well I got some people now contacting me on Whattsapp and I thinking that they be from ceo of company to some rashta dred lock mysticist opportunist selling ganja, peanuts and oyl shares on da highway from San Fernando to Port of Spain.Think we all agree at one level. All interests and manipulations and spins intersect there. Do we have a commercial well or not?
Comment by SheDrills on Nov 02, 2021 3:37pm
Are you really that big of a cry baby? You "got upset with me" because I didn't understand your buddies post?  Many of the posts on here come across as craziness...lots of speaking tongue in cheek and making reference to things not related to CGXEF that new combers don't understand.  Oil_Run is well respected and he's drawing attention here from other boards...the ...more  
Comment by oldcompanyman on Nov 02, 2021 5:26pm
Hi SheDrill & Dirk et al, Dirk, thanks for your consideration, in fact the post SheDrills had misunderstood was not from me but from dragonfly when he was mentioning the 45ft casings, I had then commented on her probably having misread it and she did not reply with any further comments on the subject; We're cool. SheDrills, I saw quit a few rather disgusting sexist comments agains your ...more  
Comment by Dirksidetrack on Nov 02, 2021 7:18pm
You're a good man! Yep nobody knows what's there till they test it Open the formation up to flow and let's see what happens. Apache Block 58 results? Did they flow test it like Exxon did? Anyway I ain't believing nothing until they flow test.
Comment by SheDrills on Nov 02, 2021 7:27pm
Oldcompanyman...we must think alike.  I said not too long ago on another board that our well outcome was decided millions of years ago.  What's left to be seen is whether or not our understanding of the geology is correct and our understanding is based on imperfect data.  Sometimes being a hero or a zero is more about luck than being a world class expert but statistically ...more  
Comment by Dirksidetrack on Nov 02, 2021 7:36pm
You're problem is that you've never been on a rig. That much is obvious. Ok no problem. Cut slack. So OCM reckons that it ain't a HTHP well from the casing design. What say you? No mambsy pambsy BS now. OCM stated his reasons which made sense. I want to see your analysis.
Comment by SheDrills on Nov 02, 2021 7:59pm
Are you talking to me?  Yes I've been on a rig, so many I lost count.  I was 19 when I first worked on a rig during an internship and unfortunately that rig ultimately ended up at the bottom of the GOM (sober awakening). I ran LWD for the first 5 years of my career...land rigs, platform rigs, Jackup rigs and floaters. Then I was a drilling performance SME for 3 years and flew out to ...more  
Comment by Dirksidetrack on Nov 02, 2021 8:14pm
Ok good. You're oilfield for sure given that you're LWD hand. So what do you know? I'm mud. You know as mwd hand that mud hands don't get real time geology data.You do. So why is sp dropping?
Comment by SheDrills on Nov 02, 2021 8:27pm
IMO SP is dropping because this is a thinly traded stock with no institutional support.  Likely many people are getting exhausted and panicky the closer the well gets to landing.  Maraj trade really creeped a bunch of people out.  New people likely bought the dip and when the stock didn't immediately rebound to the rights price they said F'it and moved along.  Doesn' ...more  
Comment by Beaner1814 on Nov 02, 2021 8:34pm
SheDrills, stand up and take a bow.
Comment by SheDrills on Nov 02, 2021 8:50pm
No bows until the well lands, is a success and the stock rallies appropriately....at which time I'll likely sale half my shares into strong volume and ride the rest into their next well. And if this well does fail...I'll continue sitting on my shares into the next swing of the bat (next well). Until then, risk is on. Also, Guyana is likely going to have a lease sale in Q3 2022...so ...more  
Comment by RHertig on Nov 03, 2021 1:50am
Shedrills I wish my grandmother was alive. She would be thrilled to read your post. When her husband died in 1941 she had to go to work in the steel industry. Her father had to give her boxing lessons and until she knocked out a coworker life was a living hell. She was my hero growing up.
Comment by simonx72 on Nov 02, 2021 5:27pm
I agree with SheDrills. The board is for reasonable discussion and opinions, not inuendo and riddles that are difficult to decipher. Please let's keep it professional. We all wish for the same outcome.  
Comment by SheDrills on Nov 02, 2021 3:21pm
Saving my a$$?  First of all if you're long you're not selling, you're also likely not buying because you're at full position.  No one is saving anyone's a$$.  My comment was directed towards paper handed traders who have no business being in thinly traded spec stocks.  And yes, the Maraj trade is still hurting sentiment.  No new investors have ...more  
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