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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 jr1010jron Jan 09, 2013 11:00am
389 Views
Post# 20814762

RE: grow up

RE: grow up

I agree, but please, please, all you amateur cracker jack box traders, please relax.  Again, this is pure pure speculative and a gamble. I spoke to the CEO and IR (Investor Relations) numerous times.  Bottom line, and she said it herself, it's a high risk high reward.  So stop trying to influence people with stupid ridiculous chart analysis and breakouts.....it makes me giggle and want to puke in my mouth. 

I am FIRM believer of techincals and my strategy relies heavily on it.  However, for this one??? LOL....NOT A CHANCE.  This is a pure gamble and can really pay off if they hit some oil.  The one thing that I like and I said it from day one is that they are partnered up with PR.  That to me is HUGE......think about it.  Would you put $85 MILL on a dead play??  They must know something......

If you're all interested, check out my Trading App I wrote (I'm a software engineer)  It's designed for high frquency trading.......

www.margincallforjr.com

user name : DemoUser Pswd: DemoUser1

Add some fake trades, test it out, if you like it I can give you a free account........I plan to market this someday......

 

Bullboard Posts