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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 > If Kawa were compeley dry
View:
Post by BoykJurko11 on Oct 14, 2022 12:37pm

If Kawa were compeley dry

Then oyl share price would be zero. Love to see analysis from experts to counter that. But oyl current share price is not zero. Why not?
Comment by Oregonduck on Oct 14, 2022 1:28pm
https://www.bnnbloomberg.ca/video/16-of-tsx-and-venture-stocks-are-zombie-companies-deloitte~1493138 There are full of almost defunct shell companies listed on the Venture Exchange. Zero revenue and virtually bankrupt.  OYL has not provided any data such as flow test, porosity etc. on its Kawa-1 well. Prospective resources means "undiscovered oil" and not counted as reserves. ...more  
Comment by tiger77 on Oct 14, 2022 1:50pm
Man, did your mom raise the rent of her basement that you need money so bad that you have to spew nothing but nonsense and bshat across the board?   Kawa is and always was a test well targeting 4 different zones and they did just that successfully with good results.  It was never designed to be a production well just and informational well and was wildly successful doing just that ...more  
Comment by BoykJurko11 on Oct 14, 2022 4:22pm
Yeah Oregon, they're listed. At 1 or 2 cents per share. Oyl at around 90. Why? Because they got something. So HP Sauce can't figure out what they have because you claim that they have no porosity data. BS. The mud loggers, who are geoligists, can and do figure out porosity from the cuttings samples that they collect at the shakers.But porosity in and of itself means little. You can have ...more  
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