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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 pathfinder8on Sep 23, 2013 5:24pm
332 Views
Post# 21761195

RE:RE:RE:RE:I threw it out there

RE:RE:RE:RE:I threw it out there Thanks Waiting still,  I didn't bother to go back and look up all this but I will mark it down. Personally, I believe PRE will eventually exercise the 6 buck wts. As you have outlined, if they leave the minority shareholders holding stock, we will do just fine

 I just reviewed todays trading.  there are 16 trades for 16,000 shares. 
Really, with the back and forth action on the tape, I think the only trading you see is some guys playing with themselves.  Penny traders are a pain in the butt but a fact of life to anyone in a junior stock.  Must be a drag staring at the screen all day trying to clip real investors for a buck. But then, you have to get bus fare somewhere.  
Bullboard Posts

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