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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 catkinon Feb 14, 2012 1:05am
570 Views
Post# 19529604

RE: RE: Totally frustrated

RE: RE: Totally frustrated

Ijmorin,

If I couldn't handle the heat I would have bailed out three years ago when the stock was over $4.50.

Since that point I have steadily increased my portfolio to over 6 figures worth of stock.

May-be I can be accused of having most of my eggs in one basket, but I could never be accused of not being commited to this company.

I feel that I am intitled to vent my frustration, but I am always in for the long haul! Can you make the same commitment?

My commitment is to stick with CGX and collect my shareholder premiums, not to bail out when they go up to xxxx amount.

This is why I care and am frustrated about this situation.

Bullboard Posts