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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 > FIVE MORE FPSO
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Comment by westcanpride on Mar 23, 2024 11:21am
Encouraging that external parties see potential in a standalone FPSO for Corentyne.  If the government wants to maintain any sort of credibility, they get these two loser companies removed immediately from the project (ie, demand a deal to occur asap) and allow a real company/JV team to progress it forward.     
Comment by Kelvin on Mar 23, 2024 11:32am
Wcp, you hit the nail on the head. Now investors are questioning the credibility of the Guyanese government itself allowing these games to contnue. Who in their right minds would invest a penny in Guyana in any venture? 
Comment by westcanpride on Mar 23, 2024 3:18pm
The government is run by a bunch of idiots. Look at the port... something that would be of benefit for the entire country. What does the government do... they allow CGX to kill literal years and more shockingly allow it to turn into a massive joke of a project. Boat docks in central Alberta look more promising than the shi* they have built. Brazil probably wonders infernally "what the fuc ...more  
Comment by Kelvin on Mar 23, 2024 4:06pm
Well wcp, Guyana is looking more and more like another Venezuels in the making if they keep on scaring off investors by being idiots. 
Comment by soulfire on Mar 24, 2024 6:53am
Venezuela is having problems because of US sanctions.
Comment by Kelvin on Mar 24, 2024 7:52am
You mean that the border crisis in the US which is largely as a result of Venezuelans fleeing for a better life where over 8 million people have left so far is all caused by the sanctions imposed by Trump in 2019? So Trump caused the migrant crisis. That's what the communists here are saying. They agree with you.  I don't really care who governs, a dictatorship or a democracy. I' ...more  
Comment by soulfire on Mar 24, 2024 1:11pm
What border crisis Kelvin? The border is wide open lol
Comment by Kelvin on Mar 24, 2024 2:11pm
No kidding soul. Lol! A lot of my former neighbours are in the US, most of them in a neighbourhood in Queens, NYC known as "Little Caracas". I guess that Venezuelans must love "The Big Apple". 
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