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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
Post by Phantombloggeron Feb 27, 2020 11:32am
109 Views
Post# 30741250

TWO SIDES OF THE TRADE

TWO SIDES OF THE TRADE
Many of you really have a go at CATMAN!
But fact of the matter is that he is equally zealous about his side of the trade!
Here's a question for all of you!
Because all of us were given the right to purchase equal (or more) of our holdings, and indeed most of us did, while some did indeed sought and obtained over-allocations; Does this mean that the stock should now shoot up to above 1 dollar? It actually did (smile)!
The BOD/Management have given NO NEW NEWS (material nor meaningful news) since the 0.25 cents raise and rights, which is nearly one year ago!
All the news have been from the surrounding explorers!
Why do you suddenly expect an exponential jump in the stock price, all because we all bought rights at 0.25 cents.
And why don't you think that this may have to test (and could indeed test) that 0.25 cents again? Why? Given the long delays that CGX is known for?
Many of you have been unrealistic about expectation for a very long time; especially with this management! remember that special case of the reverse split in the share price!
Keep your fingers crossed, and expect anything! Suresh is just a very expensive "token"! Keep that in mind also. The real puppeteers remain hidden in plain sight!
I want to hear more from CATMAN as well; on this board!
I saw his comments on the GUY board; very funny! Lucky feller; nearly got caught!
Bullboard Posts