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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 tiger77on Apr 03, 2013 9:20am
229 Views
Post# 21203869

RE: Just think of the manipulation

RE: Just think of the manipulation

Yes.... because the company that will have invested 100 Million dollars in CGX and who has a large vested interest in their success wants to see it fail and lose their money.  How about they would not only like to see their investment rise but their own stock will rise should good things happen and they will make even more money.  They will not want to take their 100 Million dollar investment down to nothing.  Give your head a shake and read what you wrote... It doesn't make any sense what so ever.  I am not happy where we currently stand either as I have a large possition but the reality is this is our only hope so lets make it happen with as little resistance as possible and hopefully the floodgate of news will open and we can start heading in the right direction.

Stay strong and hopefully in 3 weeks we will finally start moving up!

GLTA

Bullboard Posts