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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 westcanprideon Oct 28, 2020 1:15pm
108 Views
Post# 31796276

RE:RE:What is unexplored land worth these days?

RE:RE:What is unexplored land worth these days?LOL. I am going to bite. 

Some of you guys are real jokers. For years, it was all postive ideas, and never anything else. Yet here we are at .35 cents. Clearly something is not working. I try to bring some honest discussion and I get turned down immediately because its viewed as too negative. What gives? 

For my last post... its true. If your so confident my post is too negative, why don't you go throw down $10,000 more and go buy ~28,000 more shares? Oh yeah, your using common sense and are also sick of being burnt by CGX and seeing no return on your investment. And this goes for everyone. CGX is literally at a standstill share wise. No one is buying, even at these 'bargin prices'. I try to help illuminate some ideas and bamm, I am told to screw off. 

Maybe I will. Hell with it. Clearly my posts mean nothing to most on this board (even if they are 100% true). I will keep my thoughts to myself going forward. You guys can keep your head in the sand and hope Suresh, De Alba, etc, will come through and secure that JV for $100 million (as many of your postulated earlier this year) and get multiple wells drilled ASAP. I will instead act more realistic. 

Later everyone. Hope one day we finally see some real return on CGX. 


Bullboard Posts