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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 tiger77on Aug 28, 2019 4:41pm
152 Views
Post# 30076527

RE:RE:Nail biter

RE:RE:Nail biter What is very interesting to me is the fact that this has just been a steady climb (not a ton of volume until this afternoon) but there wasn't the typical frantic crazy run at the end either upwards or downwards.  There also hasn't been crazy pumpers coming out of the wood work either causing me to think it's a pump and dump.

Wondering if people are taking profits from ECO and realizing that we are a very good buy, lots of immediate catalysts as Oil_Run has posted or if there is news coming that has leaked but hasn't been released yet.  Either way great little run these past 3 days and hope it continues into tomorrow.  If it does I think you will also see a green Friday and news before open on Monday (my prediction)  If we are red tomorrow it could be a natural pullback but a bit more inclined to think nothing news wise is coming just some folks not wanting to miss the bus.

Time will tell....

Best of luck everyone!

Cheers!
Bullboard Posts