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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 edmedon Jan 19, 2019 6:44pm
91 Views
Post# 29256151

RE:RE:RE:RE:REACHING OUT TO CSA: MINORITY RIGHTS

RE:RE:RE:RE:REACHING OUT TO CSA: MINORITY RIGHTS
The bigger question to ask is :  Have insiders been buying up CGX shares at these low levels???

Are they allowed to at this point and if not does that mean there is already a deal in the works??and they are in a blackout period.

If there is no pending news and insiders are not buying in at this point One has to start worrying that perhaps when the SHELLGAME is over we samll investors may somehow be cut out of the pie.

Government officials and Board of Director members can always be compensated in other ways in a deal that does not involve rewarding the long term sufferring common shareholders.

Not saying this will happen or is happenning

Just concerned about the lack of movement or exitement in the price action of this stock in light of the discoveries that have happened in this area.

We really should be trading between $3-$5 right now !!!

edmed
Bullboard Posts