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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 Jun 23, 2020 2:47pm
171 Views
Post# 31182218

LIMBO

LIMBOLIMBO: an uncertain situation that you cannot control and in which there is no progress or improvement

That's the situation in which we find ourselves!
Reason: Nothing can get done!
If we try to get it done, it WILL be reversed when the new government comes in, whenever that is! Mainly because they will think that we were disloyal to them, while they were down, as in this case! SO WE SIT AND WAIT, PATIENTLY! PATHETIC!
Make no mistake, the lot that are waiting to come into government, can be very vindictive; they have a track record!
In any case, Frontera can wait this out; they're in the long game! we were granted the "rights" last year while the price was .40 cents; wonder what it will be this time?
Supporting bloggers of the incumbent government, are posting their support for their government's intransigence.
HOPIUM! I have to admire the hopium addicts on this forum!
I know it will sort itself out, BUT WHEN?
DEAD MONEY! PATHETIC!
Regret not selling most of my holding when it was ONE DOLLAR! But this thing is very ILLIQUID!
Joe 454, how can I ever forget that nimble and smart blogger who "sold for a ten bagger" in 2015!
Bullboard Posts