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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 > Re WCP
View:
Post by taal on Feb 18, 2022 6:07pm

Re WCP

Why can't you understand that DeAlba is working for YOU.. He has 1.5 million options....Do you think he is not doing Everything possible to increase the share price of CGX...Not to mention the amount of shares he holds in Fronterra..Whats so hard to understand???The Doubt that you project on this board ....Without facts is truly annoying....The reason behind it ????.
Comment by westcanpride on Feb 18, 2022 8:08pm
Taal and perhaps others as well, Of course I know that De Alba is working his best to ensure a higher share price for both Frontera and CGX. Good lord, that be like implying a GM of a sports team is not trying his best to put a winning roster together. Jeez, by your logic with De Alba, why the hell hasn't every venture Catalyst Capital invested money been a super success? Was De Alba sand ...more  
Comment by Schreibzey on Feb 18, 2022 9:08pm
There was actually a good point made somewhere, I can't recall, perhaps it was Christine Guerrero. She said Suresh is in charge of CGX, he's the hometown boy, so De Alba did right by him to let him handle the conference. This is likey also the reason why CGX has been in business for so long despite the long odds, and also likely why Frontera or anyone else will buy them out 100%. It also ...more  
Comment by waitingstill on Feb 18, 2022 10:39pm
I agree with this point that optically it is better for Suresh to be there. What I don't understand is why they put De Alba's name there in the first place. It should have been a no brainer from the start. But, then again, we are dealing with CGX management here...
Comment by Dirksidetrack on Feb 19, 2022 5:15am
WCP, Sad to see you go. I really enjoyed your posts. Another point of view now silent. I love the movie "A Beautiful Mind" which was about John Nash, mathematician and winner of the Nobel Prize for his work on game theory, specifically Nash Equilibriums.The idea is that in any game, each participant acts in their best self interest in order to maximize their gain, usually at the expense ...more  
Comment by soulfire on Feb 19, 2022 8:27am
Comment by soulfire on Feb 19, 2022 8:39am
WCP I believe the problem is that you only show up when the SP drop. I do agree with you though, DeAlba should have made an effort to be there, missed an opportunity. (I emailed CGX and Frontera questioning this decision) The only reason Frontera can fund this drilling is because of current oil price so they need to get off their behinds and get a JV signed. Suresh is not the guy to get it done. I ...more  
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