Interesting Article Here is an interesting article specifically calling us out that I can see was picked up by theworldnews.net, guyanatimesgy.com, and kaieteurnewsonline.com just at quick glance...GLTA
Dear Editor,
Firstly, let me say that I am an investor (not a major investor) in CGX Energy which is searching for oil in Guyana. We already know that Guyana has oil from seven successful wells drilled by ExxonMobil. Should CGX Energy discover oil in Guyana then its shares (may) go up which I hope to capitalise on. That is (my) belief.
The question is, are Guyanese prepared to capitalise on newly discovered oil? If not, why not?
I understand that investing from Guyana may be an issue. But I am sure that there are many companies in Guyana, like Guyoil, that can invest in companies abroad to make a profit in time. But just be careful as investments can go up as well as go down. So you can end up with losses.
A one per cent share in CGX Energy could cost about US$200,000 which (may) go up as the share price increases especially (if) oil is discovered (that is my belief).
There are other oil companies exploring for oil in Guyana that people can choose to invest in. And, we should really be looking at buying into some of these companies so that Guyanese benefit more should the value of these companies increase.
Yours faithfully,
Sean Ori