Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Phantombloggeron Jul 01, 2021 8:34am
207 Views
Post# 33478660

Good AGM

Good AGMIt was the usual AGM of CGX, following the Agenda.
They were very guarded with the questions. No updates nor statements to "mislead or misread", because of the possible consequences of legal action.
The question of why the stock was going down did not also ask why the stock rocketed up to 2.70 CAD.
Presentation of the "key peoples" was nicely done.
When is the SPUD question was already covered in NR before, Hence DeALba was absent. Nothing new to add.
Overall, the board did not want to add to things they cannot control.
It was a good AGM, they kept a lid on things, playing it close to the chest.
All the Longs have averages below that of PRE/FEC.
FEC is not going to give away this thing for free.
Who wants to get out can sell. They are way into the money.
We're now in for a roller coaster volatile ride. So enjoy it .....!
<< Previous
Bullboard Posts
Next >>