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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
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Comment by glorieuxon Jun 27, 2012 10:22pm
314 Views
Post# 20062221

RE: RE: House positions for Today

RE: RE: House positions for Today

I use the active trader platform from TD.  Everything is live on this site.  

Let's say now the bid is 53 and the ask is 55 leaving 54  empty.  As I am watching this, someone (sometimes myself on a hunch) will put shares for sale at 54 cents.  Those shares show up only as a flash and are gone instantly.  No human is able to react that fast to a new ask, impossible.  I then switch to my Stockwatch account and as I predicted everytime, it is house 79, CIBC who was the buyer.  

So this is when I know we have a shrewd broker trying to accumulate quietly.  Unless you have an active platform, you will miss these signs of professional accumulation.  The next time I see one, I will post it here and will dump into it.  If you use any real time service and keep refreshing, you will see it for yourself.

Cheers,

G.

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