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 > To all longs.

<< Previous

Bullboard Posts

Next >>

Post by ljmorinon Jul 10, 2021 11:33pm

513 Views

Post# 33527335

To all longs.

IMHO this is playing out exactly as it should? Most of us shoud be in at around 25-35 cents average.
We also thould all have our original investments back and riding for free with many many thousands of shares. 6 Digits at least.
I expect 2$ consolidation at Spud kinda like Jag, Then I see it volitile to 3-4 $ during the drill and then....... who knows after TD.
I'm sure everyone has their own stratigies but I think I will be mostly out during the highs on the drill. Definitly keeping a good chunk for results i think maybe. LOL.
It ebbs and flows as we know, Exciting though riding for free.
GLTA

<< Previous

Bullboard Posts

Next >>

Bombardier delivers Global 6500 aircraft to U.S. Army