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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 > ATH 1.300.000.000 BARRELS OF OIL RESERVES
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Post by CLOUDER on Mar 08, 2022 10:05am

ATH 1.300.000.000 BARRELS OF OIL RESERVES

$2.50 A SHARE,     530 MILLION SHARES OUT BUT THIS IS A BUY MAN. $128.00   WTI NOW     DO THE MATH.
Comment by CLOUDER on Mar 08, 2022 10:40am
incredible   and it is now up 15 cents, but guys in the ground is 1.4 ish TRILLION $    PROVEN AND PROBABLE,    if CGX had a billion  barrels 3 miles down under the water at 400 million shares what do  you think it would be worth?
Comment by GripnRip on Mar 08, 2022 11:09am
Would be worth Monoply money as you said...for now it's an IF
Comment by Dirksidetrack on Mar 08, 2022 11:49am
Rising tide lifts all ships. Fec over double pre Kawa drill, oyl up over 6x. So where will things settle? Geez I gotta believe that both will settle a lot higher than Kawa pre-spud. They got something there and I know it because the market knows it.
Comment by IceDog13 on Mar 08, 2022 11:37am
If CGX could prove up 1 billion barrels on their block the value would be $8 per share.
Comment by ThosAquinas on Mar 08, 2022 2:24pm
Cardinal Energy (CJ) is already a 20+ bagger from the lows mid-Nov 2020, with plenty of room to run. Gear Energy (GXE) is a 9+ bagger and Baytex (BTE) is a 12+ bagger in the same time frame.  OYL is fun but it doesn't qualify as 'investing'; I don't see any payback for effort, anxiety and worry. The CGX story is great and it just gets better. I'm enjoying the ...more  
Comment by CLOUDER on Mar 08, 2022 2:40pm
YES i tottaly  agree man,   but you forgot the best one of this bunch,  ATH,  yes i know that there is no dividen yet,       YET,        you do know what happends to a stock when they instagate a dividen don`t you?   and  ATH is only a $2    stock,  lots of leveradge upside.   AND 35 million ...more  
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