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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 Jun 18, 2013 1:33pm
228 Views
Post# 21538115

RE: close .12

RE: close .12

is it really that important if this stock closes at $0.12 or $0.15?

My sense is that important decisions have been made re. next steps already. Mark my words, there will be no significant new announcements made at CGX AGM. For some, this might be a predictable game, for some others a high stakes poker game, for most other folks the facade presented is a great "risky" opportunity to participate in something significant. It has been almost the same for last 13 years except the risk level was downplayed a lot in the past.

Look at the current and past players, where they come from, the Guyana history, the past president and his history, including his close ties to Russia.

Then make up your mind.

I was one of the believers in the past. Then I started to do my own research and information gathering rather than fully trusting someone in a position of influence and authority. The picture I see is now very different.

Mea culpa but.......

Do not believe everything you read here or on other boards or on BNN. Do your own research very carefully. That is all I am suggesting.

 

Bullboard Posts