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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 > And most importantly
View:
Post by soulfire on Jul 22, 2022 9:38am

And most importantly

NO DILUTION!
Comment by Rapsani on Jul 22, 2022 9:44am
.. and worse case is (heaven forbid), a dry hold wont mean the end of us.   We'll have no debt either way... that is huge.. I think we've always been in debt !   And with the port, we could actually be in a cash positive situation ... imagine that.    So our CGX story continues to unfold.
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