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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. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore... see more

Bullboard (TSXV:OYL)

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Comment by soulfireon Aug 19, 2024 2:38pm

RE:RE:RE:RE:RE:RE:RE:Timely Disclosure

WCP I can go on and on.... but I don't think we will see eye to eye
Comment by westcanprideon Aug 19, 2024 2:32pm

RE:RE:RE:RE:RE:RE:Timely Disclosure

I don't disagree. Tons of South American and African countries have tremendous natural resources. But without European and North American financial capital/intellectual capital (and more recently ...more  
Post by CLOUDERon Aug 19, 2024 2:28pm

16 CENTS

WOW,   a 1/2 of were i sold it now who would have thought.
Comment by soulfireon Aug 19, 2024 2:26pm

RE:RE:RE:RE:RE:Timely Disclosure

I agree some are more diversified. However, some of those countries have been sucking all of the wealth out of countries like Guyana. Guyana is not a one trick pony, it has an abundance of natural ...more  
Comment by westcanprideon Aug 19, 2024 2:20pm

RE:RE:RE:RE:Timely Disclosure

lol fair enough. Biggest difference is these aforementioned countries you list have solid economies and are diversified. Guyana is pretty much a one trick pony and is trying to squeeze everything it ...more  
Comment by soulfireon Aug 19, 2024 2:13pm

RE:RE:RE:Timely Disclosure

WCP you mean like the US, UK, Canada and other western European countries? corrupt to the core with politicians bougt and paid for?
Comment by westcanprideon Aug 19, 2024 1:58pm

RE:RE:Timely Disclosure

Yeah those are fair points both of you raise.  this is an interesting article I just saw below. I have no doubt the government will be applying these new rules to Corentyne. Has this had an ...more  
Comment by waitingstillon Aug 19, 2024 1:47pm

RE:Timely Disclosure

I think because the license was not "revoked" but just "lapsed", FEC/CGX are using those semantics to not put out a statement. Further, because the govt has NOT stated that they ...more  
Comment by Zibo510on Aug 19, 2024 1:03pm

RE:Timely Disclosure

I think because CGX filed a NOCI they feel that  they still have an interest in the PPL and haven't lost it yet, JMO. 
Post by westcanprideon Aug 19, 2024 12:46pm

Timely Disclosure

https://www.tsx.com/en/resource/432 Seems to me that if the government has taken the license back from CGX/FEC (based on events released by the government), this would classify as significant and ...more  
Comment by Zibo510on Aug 17, 2024 7:57pm

RE:RE:RE:RE:RE:RE:RE: government rewrites terms

Longtail could be Exxon’s 8th development offshore Guyana   ByOilNOW  ...more  
Comment by Harel1976on Aug 17, 2024 10:11am

RE:RE:RE:RE:RE:RE: government rewrites terms

I think they wont extend the licence but they will not make a decision to give chx the extra time to try and find a way to move forward..
Comment by IceDog13on Aug 17, 2024 8:15am

RE:RE:RE:RE:RE: government rewrites terms

They will not be revoking the license. The license has expired. The only question is if they will extend the license which they are under no obligation to do. If it is up to Jagdeo, his rhetoric ...more  
Comment by Mbxwatcheron Aug 16, 2024 9:28am

RE:RE:RE:RE: government rewrites terms

Not gonna cry......I made the investment decsion to buy and the one not to sell. I do understand your point upon moving on, I really do.....but i made the call a long time ago not to "give my ...more  
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