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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 share price
View:
Post by taal on Jul 12, 2022 6:25pm

Re share price

Dirk you say that maybe oyl is fairly priced now ...Really....Before Kawa our partner Fec out $75 million and bought shares at $1.63..Would you not think that Fec having All the info might have an edge on us Uniformed shareholders...You would think that $1.63 would be the absolute floor for Oyl....It is So obvious how our share price is being manipulated ...controlled...to what end I'm not sure ..but they are purposely keeping the share price down...I had thought to put through some cheap options for the New hires but I would think that may not sit well with Mr Durkee who has his options at i believe at $139.... So we sit and wait ...This is Certainly Not a shakeout ..No volume....So we wait ...put up with the Games and hopefully we trade above that floor of $1.63 sooner than later...
Comment by SportyJ on Jul 12, 2022 7:27pm
Taal, I respect you, I really do. Here comes the gentle "but". You get hung up on DeAlba's or Durkee's or Suresh's options along with what sp FEC bought in the RO or the sp conversion on the $35m loan as somehow relevant to where we are today, right now. I will not dispute that these points are worth consideration. However, if I'm not mistaken, Jenni walked from her ...more  
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