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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 glorieuxon Jun 20, 2012 11:51pm
378 Views
Post# 20037589

RE: Nothing Changes

RE: Nothing Changes

I agree LJ.  I do not care about the games and penny fluctuations right now.  I have bought shares that will either be worth $5 a share or 10 cents a share in about 35 days.  I like the odds and the payout of this bet.  I can live with the loss...but I can really LIVE with the win.  At this point, I really do not think anyone knows what Jaguar will do so this is still a wide open bet.  The only thing that may play some games is that the SP may stay in this range till the AGM and options are given out.  After that we may gain some but the real prize will be around July 26th, my daughter's birthday.  She may get a good gift or she may get a great gift...all depends if we have a ROARRR or a wimper from the Jaguar!

Start the countdown clock, 36 days to go is my guess!

G.

Bullboard Posts