Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.


TSXV:OYL - Post by User

Bullboard Posts
Comment by shleevoon Nov 10, 2009 5:42am
445 Views
Post# 16470025

RE: RE: 100 different scenarios....

RE: RE: 100 different scenarios....Hey TO1, I think we're on the same page.  You understand the play and where the value is on the short term run up to drilling.  I would say I am definitely more enthusiastic and positive about this play than you.  And I've probably done more research on this play and been here longer. 

And no I wasn't trying to put words in your mouth and I apoligize if it came out that way.  I agree, if they miss all their opportunities, this stock is dead money.  But I gurantee you, if they miss all their targets, many of us will still make money on this play, and you know what I'm talking about.  Oh, and the 5 bagger?  Well, if you just bought in at $1.30...maybe not....but still very possible. If you're averaged at 50-60cents like many longs here...well....I don't see any problem with a 5 - 10+ bagger. 

I also have a small position in VST, I think you are in WZR or both?  Also owned AEN, ENG & OIL...so I know where you're coming from. 

Good luck to you.

Bullboard Posts