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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 re Wcp
View:
Post by taal on Feb 18, 2022 10:21pm

Re re Wcp

Thats right Sporty...I said that back then an say it again now...DeAlba first Obligation is first to Catalyst Second to Fronterra and lastly to Shareholders... DeAlba has no obligation to cgx shareholders...If you read my post I said DeAlba interests are aligned with ours Not that he is Obligated to us..He is Obligated to Himself. Next time dont put words in my mouth or insinuate I was not being honest.....
Comment by SportyJ on Feb 18, 2022 10:39pm
Taal says "DeAlba has no obligation to cgx shareholders..." I say De Alba is on Cgx BOD and has big-time obligation to cgx shareholders. I say putting Taal's words into Taal's mouth makes Taal really angry. Lol
Comment by waitingstill on Feb 19, 2022 12:57am
I agree that as co-Chair and on BoD, de Alba, like the rest of them do have a fiduciary responsibility to their shareholders and they can be sued if they fail at that. That said, that does not happen in reality all the time. But de Alba does have 1.5mil options and given that FEC will rise if CGX rises and CC will rise (and survive) if FEC rises, that means all three companies have priorities that ...more  
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