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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

Post by taalon Feb 24, 2021 2:17pm
175 Views
Post# 32648816

Re Caterpillar

Re Caterpillar
You sound like you could be related to the Catman...Only chance of Cgx Ever going back down to .50 let alone .20 is if the decide on only a single well and they come up dry...Other than that...forget it...Throwing out numbers like that without substantial explanations is irresponsible.....From now until we get our first results our trajectory will be up...there will be Much manipulation of the share price to shake out loose hands and unknowledgable shareholders...but this is normal course of action...We are consolidating nicely at this level. Nothing goes straight up...Remember the more valuable the company ...the more ups and down (aka manipulation) ...This is no pump and dump ..There is tremendous value here....all longs know that...Dont get shaken out of your shares...We are on there 10 yard line ...a financing deal gets us a touchdown....A JV gets us a touchdown ....And a Hit ....gets us The Super Bowl....GLTA
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