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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
Post by Santanj2950on May 18, 2012 10:20pm
580 Views
Post# 19928017

Do we wait for Jag

Do we wait for Jag

First off , its great to end this week with a inkling of positive news.

1. Repsol has made the first positive public statement about Jaguar I've heard since the Presidential visit. This may be silly to mention but I read they brought in some special environmentally friendly hazardous waste disposal system to the project. One of the things it specializes in is disposes of oil covered waste. I hope they have lots of that.  

2. We had a NR that another of Hermies Hermets got the boot. The stock price did not drop to .10. In fact it held. I'll exemplify the value in that this week by pointing out HRN. They released what I believe was a cautious but positive NR and the stock dropped  by 50%. The market is almost looking for any hint of negative news  to pounce on and start their manipulation. We stayed at .30.

3. Greece is a mess and their is much concern about how this wll effect Spain and the Euro. The market in general sucks. We held at .30

4. One of the biggest IPOs in history debut today and with all the hype closed up .6%.  We held at .30

5. Our leader, whose mere avatar brings visions of oil giesers into our minds, has posted some of his finest work. Oil that is, bubbling crude!

And finally , STVP is posting positive posts and kind of always has if you read them. I commend his superior  timing and investing tactics. 

Maybe we are starting to turn the corner.

Safe weekend and GLTA

Bullboard Posts