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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 stockgypsyon Jun 17, 2012 10:24pm
502 Views
Post# 20024074

RE: Would love to know what CIBC knows

RE: Would love to know what CIBC knows

I really don't understand why you think it is purely cibc buying shares. It is their clients, not the bank itself. I trade with cibc, and all of my trading activity will show up on your little list. When it comes down to the brass and taxes, no one knows Anything!!! Except of course Repsol, Tullow, and Cgx a.k.a Pacific Rubiales. (They are swallowing us whole, slowly but surely). This whole Pre deal makes me uncomfortable, and I really don't know what to think anymore. How could these idiots go so many millions of dollars over budget. This is no joke. They should have shut down operations when the money ran out. They would have still stayed true to their licensing commitments, and more importantly to their shareholders who risk their hard earned cash to make a better life for their families. Sully and the rest of the circus have no idea what hard earned money is all about. If Cgx has any shred of integrity left they will cancel all future plans to give out options like candy until they find commercial quantities of oil, if ever.  

I hope ya moron really gives it to sully at the meeting. I will match  mad mikes $20 proposal to the poster who makes him squirm the most. Someone should film him getting grilled on their smartphone and post it on YouTube.

Bullboard Posts