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.

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
Post by glorieuxon May 14, 2012 11:06pm
364 Views
Post# 19908692

Zibo, Sprott

Zibo, Sprott

I do not know Zibo but I have noticed a change in tone in his posts as well. However, I do not believe he is bashing at all-at least not purposely. I have been in positions where I have lost 70% of an investment and felt awful, like throwing up really. It probably has happened to many here as well. Everyone deals with stress in different situations. The fact is that anyone invested before the halt has had a huge paper loss, the kind that can keep people up at night if they were too heavily invested. I hope this is not the case for Zibo but the fact remains that anyone invested has lost 70% of their investment and that affects people-no matter who you are or how long you have been playing the market. To add to that situation, a guy like me, not wanting to but in hind sight, comes in, buys at these levels and talks about risk/reward ratios... I want to apologize for not being more sympathetic to those who lost here. I did not mean to come accross like a pumper or jackbutt.

As for Sprott buying, Cormark has bought just over 305k shares at an average of 36 cents. I am sure they can buy under anonymous or other accounts as well so hard to know what they have been up to. I hope they have increased their position as that will be a good sign. Other good signs today was that we finished green in a sea of red after retesting 31 cents. We set a higher low in the process and finished with a hammer, all good things!

Here are the house positions since the halt was lifted. I noticed today that RBC seemed to run out of shares to sell. That would be a great thing as they have been pounding us.

House Positions for C:OYL from 20120507 to 20120514
House Bought $Val Ave Sold $Val Ave Net $Net
7 TD Sec 6,563,451 2,373,451 0.362 3,101,896 1,088,672 0.351 3,461,555 -1,284,779
85 Scotia 2,475,488 898,571 0.363 1,295,236 490,781 0.379 1,180,252 -407,790
46 Macquarie 965,500 372,518 0.386 39,600 13,746 0.347 925,900 -358,772
79 CIBC 1,862,246 674,056 0.362 1,074,689 389,249 0.362 787,557 -284,807
73 Cormark 304,800 109,787 0.36 0 304,800 -109,787
15 UBS 398,125 162,044 0.407 127,500 42,645 0.334 270,625 -119,399
39 Merrill Lynch 266,500 97,213 0.365 0 266,500 -97,213
83 Mackie 289,200 98,439 0.34 62,000 24,316 0.392 227,200 -74,123
22 Fidelity 228,700 79,102 0.346 51,800 19,264 0.372 176,900 -59,838
33 Canaccord 888,840 311,050 0.35 712,800 259,238 0.364 176,040 -51,812
19 Desjardins 367,167 132,332 0.36 231,650 84,124 0.363 135,517 -48,208
121 Jennings 146,000 48,945 0.335 14,000 4,920 0.351 132,000 -44,025
9 BMO Nesbitt 819,230 294,323 0.359 707,350 252,801 0.357 111,880 -41,522
58 Qtrade 109,877 39,951 0.364 6,550 2,288 0.349 103,327 -37,663
69 Jordan 105,000 33,874 0.323 5,000 1,750 0.35 100,000 -32,124
44 Jones Gable 129,500 45,089 0.348 40,000 14,423 0.361 89,500 -30,666
99 Jitney 3,593,600 1,317,365 0.367 3,507,800 1,275,666 0.364 85,800 -41,699
124 Questrade 293,685 105,805 0.36 210,588 75,616 0.359 83,097 -30,189
6 Union 75,000 26,998 0.36 0 75,000 -26,998
80 National Bank 790,406 285,186 0.361 729,455 276,167 0.379 60,951 -9,019
75 MGI 70,000 24,500 0.35 10,000 3,350 0.335 60,000 -21,150
71 Brant 189,100 65,840 0.348 133,700 46,733 0.35 55,400 -19,107
81 HSBC 70,900 25,278 0.357 16,000 5,970 0.373 54,900 -19,308
42 Global Maxfin 50,000 16,000 0.32 0 50,000 -16,000
97 M Partners 44,000 17,419 0.396 10,000 3,449 0.345 34,000 -13,970
5 Penson 36,500 13,210 0.362 10,285 3,575 0.348 26,215 -9,635
28 BBS 74,800 28,976 0.387 60,000 23,800 0.397 14,800 -5,176
95 Wolverton 78,579 27,176 0.346 66,794 23,858 0.357 11,785 -3,318
77 Peters 11,000 4,290 0.39 0 11,000 -4,290
93 Toll Cross 10,000 3,500 0.35 0 10,000 -3,500
25 Odlum 10,000 3,100 0.31 0 10,000 -3,100
48 Laurentian 8,000 2,800 0.35 0 8,000 -2,800
57 Interactive 1,255 440 0.351 500 173 0.346 755 -267
72 Credit Suisse 700 276 0.394 0 700 -276
89 Raymond James 80 28 0.35 0 80 -28
66 Pope 60,000 20,748 0.346 60,000 22,061 0.368 0 1,313
36 Latimer 82,000 30,259 0.369 82,000 30,220 0.369 0 -39
31 D&D 35,000 12,895 0.368 35,000 14,000 0.40 0 1,105
13 Instinet 82,000 29,458 0.359 83,100 29,672 0.357 -1,100 214
101 Newedge 11,000 3,707 0.337 13,700 5,117 0.374 -2,700 1,410
62 Haywood 70,500 24,389 0.346 74,000 27,243 0.368 -3,500 2,854
68 Leede 0 5,000 1,700 0.34 -5,000 1,700
67 Northern 0 25,000 9,124 0.365 -25,000 9,124
94 Hampton 0 35,000 12,073 0.345 -35,000 12,073
59 PI 10,000 3,500 0.35 80,000 29,850 0.373 -70,000 26,350
10 FirstEnergy 0 100,000 32,761 0.328 -100,000 32,761
27 Dundee 134 44 0.328 133,800 51,536 0.385 -133,666 51,492
24 Clarus 0 250,000 87,500 0.35 -250,000 87,500
14 ITG 120,635 45,403 0.376 493,800 170,938 0.346 -373,165 125,535
74 GMP 0 1,304,900 493,793 0.378 -1,304,900 493,793
1 Anonymous 2,119,500 778,582 0.367 3,921,000 1,422,227 0.363 -1,801,500 643,645
2 RBC 2,305,575 811,941 0.352 7,302,080 2,633,469 0.361 -4,996,505 1,821,528
TOTAL 26,223,573 9,499,858 0.362 26,223,573 9,499,858 0.362 0 0

G

Bullboard Posts