CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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

CGX Energy Inc > Short position

<< Previous

Bullboard Posts

Next >>

Post by waitingstillon Feb 21, 2021 10:21pm

390 Views

Post# 32623636

Short position

Anyone knowledgeable about shorts. Short position went from 7k to 20k as of Jan 21 to Feb 5. 20k is a tiny amount but if you look back at the past week of trading on otc, the short trades make up 50-75 percent of the trades. I can not figure that one out. Why are they trading up so much? It would be good for Frontera or CC to step in and do a shot squeeze.

<< Previous

Bullboard Posts

Next >>

Investors eye Australian gold mining projects amid promising developments