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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

Comment by westcanprideon Mar 24, 2021 12:34pm
120 Views
Post# 32866879

RE:RE:RE:RE:RE:New News - confirmation of stock option grant

RE:RE:RE:RE:RE:New News - confirmation of stock option grantAwesome you emailed them Soulfire. Let's see if they have the courge to actually act on this manipulation and end it. My guess is no... they are complacent in this activity and could care less. 

Like seriously, 1 share trades always by National Bank. RBC always down-selling by 0.02-0.03 cents everytime any purchases are made higher. One could go on for a long time. 

Let's see if these two new hires make their .82 share purchases anytime soon... if they do, it will probably be via 'dark trades' on some Fidelity account and we will never know. Sweet deal for them though...make awesome salaries (no risk there) and if the company fails, they still get paid and didn't have to buy 1 share at all (no personal risk taken). If the company succeeds, they cash in with easy shares, especially since they have up to 5yrs to make any purchases on vested options. All risk is held by external shareholders... least Frontera the company has skin in the game as well. 

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