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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 tiger77on Jul 19, 2021 11:29am
192 Views
Post# 33569251

RE:RE:Disappointed

RE:RE:Disappointed

If you guys are truly in this till the drill stop letting the ups and downs get to you.  Stocks go up and they go down.  Look at the SP500 today for that exact lesson.
 

All of the other stuff you're mentioning is just "noise".  Not everyone has the same strategy and there are people that are just interested in making $0.10, $0.20 $0.50 etc / share so when it's not continuing to go up they get out and if there are more people tring to get out it goes down...simple math.  

Truth is none of us on here know their strategy so none of us can actually comment with confidence whether they are working, strategizing, dealing or doing nothing...Who knows but don't get worked up as it's not good for your health.

There are several of us on here that have a lot of shares and aside from looking at my balance and not being as excited as I was a few weeks ago nothing has changed.  We wait, the drill will turn, it will go up and rinse and repeat.  The difference for me this time around is that I think the result on this one is going to be exciting times based on all the other majors surrounding us and hitting on this well so exciting times ahead and relax....have a pint!

GLTA!

 

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