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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. 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... see more

TSXV:OYL - Post Discussion

CGX Energy Inc > Question about value for the group
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Post by Coloradobuff on Dec 28, 2021 10:30am

Question about value for the group

A lot of speculation about stock price movements. 


I don't really care, I am waiting for the results of the well to hit. Once that happens, does CGX get bought out at this time? I ask as she drills did an interesting analysis of the value of the company and mentioned that she planned to hold after the hit because there is more value beyond kawa, I.e. port and other licenses. 


''are you all thinking CGX gets bought out or a more longer term play?" Curious to hear thoughts on that.

Comment by Devanand1 on Dec 28, 2021 10:49am
Comment by SportyJ on Dec 28, 2021 11:14am
Demerara, Corentyne, Berbice Port = Cgx's assets. Let's say it's shell or a shell/cvx combo JV. I don't see a major interested in the port but I see Cgx doing the port thus maintaining its political connections and of course seeing value in the port. The question then is the JV interested in one or both blocks? I believe there will be a large cash pmt to cgx 66% fec 33% and they ...more  
Comment by dragonfly454 on Dec 28, 2021 5:20pm
SportyJ if Santa's pantry empty ..it gonna a be a JV with Shell... coconut frikken dry shell...right now I hoping the knock knock joke play out ...Devanand what up prefer coconut cook-up rice or chowmein ? Better focus on the https://en.m.wikipedia.org/wiki/Monty_Hall_problem or it gonna be that and Curry's Paradox I personally prefer it to be like Bertrand's Box Paradox https://en.m ...more  
Comment by RightAngle45 on Dec 28, 2021 11:15am
Does anyone know what this is trading on the OTC at and know what the trading symbol is on the nasdaq.  Thanks
Comment by Miftee9 on Dec 28, 2021 11:52am
CGXef  $1.65 US.  
Comment by RightAngle45 on Dec 28, 2021 11:58am
Thank You
Comment by kayakbob223 on Dec 28, 2021 4:29pm
CGX Energy Inc (CGXEF) Stock Price, Quote, News & History | Nasdaq
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