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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 new salaries
View:
Post by taal on Sep 14, 2023 9:54am

Re new salaries

Drilling team have nothing to do with share price...As Frank has said many times..the share price is being manipulated and held in this lower range...Why??? I have multiple theories...But keep in mind All of us including all option holders,including  Suresh, DeAlba ,minority  shareholders and especially  Fronterra (Catalyst) have Quite a bit riding on Cgx share price appreciation....Hopefully results will make that happen
Comment by westcanpride on Sep 14, 2023 10:03am
So being over budget on two wells, and thus having to give up more working interest to cover past costs, has absolutely nothing to do with the drillig team? Seems like this has had a profound impact on share price over the past couple years. 
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