Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Hoorayon Feb 07, 2020 5:21pm
88 Views
Post# 30660718

RE:CGX, IMO, IS OUT OF TIME.

RE:CGX, IMO, IS OUT OF TIME.I have tried to ignore these miopic and asinine comments for some time but the prophet of doom and gloom predictions have become unbearable. People are being misled by these comments. Here are the facts:

1. The present mutation of the corona virus is the seventh. The more famius mutations being SARS and MERS. Both have been contained and vaccines produced. Scientists are presently isolating the responsible genomes in their quest for a vaccine.

2. Once oil is discovered the time to production will be 5 years. Even if oil drops 20% this year no one has a crystal ball to predict socioeconomic or political futures which can affect the price oil in the next five years.

A vaccine will be created and no one knows where the price of oil will be in five years. So, if we believe in our investment then we need to put all this on ignore because all it is is a bunch of sour grapes for idiotically selling at the market, driving the price down and getting filled at 20.

Thats my 2 cents and GLTA.
Bullboard Posts