CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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

CGX Energy Inc

Bullboard Posts

Post by tiger77on Jun 13, 2012 4:08pm

561 Views

Post# 20010146

Frustrating

It continues to blow my mind where this stock is at given all the positive signs, news, interview, cartoon drawings etc. I truly believe that they have hit oil and a lot of it but yet the stock price has moved downwards because of games and manipulation happening. You watch we will have a flatline day, a down day and then a bit day on Friday again going into the weekend in case news comes out... This is frustrating because I am not interested in making
.25 a share. I'm looking for $5 - 10 a share which is where this should be if all goes to plan.

Good luck everyone!

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