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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 > d-day ahead
View:
Post by nowanzen on Feb 10, 2022 10:44pm

d-day ahead

So next week, De Alba is making two presentations at the "International Energy Conferance and Expo Guyana 2022"   https://guyanaenergy.gy/about/  

On February 16th at 10am he will present activity updates and in the afternoon on the deepwater port at 2:30. I doubt that these will be the catalyst for deal making, as any interested party would already be in negotiations, but, it would serve as a prestigous backdrop for an announcement from the polical elites of Guyana....

Couple this with Hess suddenly dropping out of GOM to focus on Guyana...

Last time we had a big drop in price was just prior to the hasty last minute press release of December 15th, when news was due. We are now waiting to hear about Demerra and the stock has dropped...  
History does tend to repeat itself.

I truly believe in this story, and have only endured a decade of this fickle mistress. But, I do feel she gave myself, and all who were present at the time, a chance to double down. At that time, CGX opened themselves up to include all of us to participate, and I am grateful, even as we have plummeted to $2.82  LOL all the way to the bank.

All the best,
Cheers
Comment by nowanzen on Feb 10, 2022 11:02pm
Correction: Couple this with TOTAL suddenly dropping out of GOM to focus on Guyana Not Hess
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