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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 BigBadBon May 28, 2013 3:21pm
209 Views
Post# 21451314

RE: Special People

RE: Special People

If you can spell manipulation you know what is happening with this stock.

I can imagine that going forward it will be the same old regurgitated game that has been going on for the last 13 years of releasing some "exciting" news, stock will go up temporarilly, people in the background who know what is going on will make some money, then, nothing of sustance will happen, stock will go down, new plans will be anounced, stock will go up.......and so on.

As I said few times befor heree, it is a classic death by thousand cuts scenario. I wish I could just dump this stock and not to care any more but, unfortunately I cannot do that yet - perhaps in few months I will be able to do that. All I can say to all potential new buyers, be very carefull and make sure you get as much information about the history and screw ups that have happened in the last 6 years before you touch this stock.

Bullboard Posts