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.

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CGX Energy Inc

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Comment by jefft66on Jun 21, 2013 8:40am

162 Views

Post# 21553961

RE: RE: Bail?

what is your logic for buying at 23 cents? I felt completely undressed doing it myself. I can cry day and night thinking about that 10k I loss.

I thought about PRE buying last year at 28 cents and I thought I can at least get 28 cents out of this stock. Wow I never thought they are that sadistic, waiting until sp drop to 7.5 cents to do something.

I am just hoping for 1.70 right now, in the next 5 years? hahaha

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