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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 stark15on Aug 12, 2021 9:03am
303 Views
Post# 33690757

RE:RE:RE:RE:RE:RE:RE:RE:On the way?

RE:RE:RE:RE:RE:RE:RE:RE:On the way?I don't mind saying....I have been burnt with other stocks in the past.....I got to greedy seeing $$$.....when the stock price is going up, up and up some more, u think u cannot lose.....u DONT want to leave money on the table and u get greedy.....not for this stock....I have stayed disciplined and have sold a number of times over the years to get back what I have put into it(been here since 1999).....I never sold all shares and have always bought back in at a lower price....I did take FULL advantage of the rights offering a couple years ago....I will probably sell a small portion sometime next week.....I truly believe the stars have finally aligned on this stock and there is life changing money waiting for me....but, that wont stop my disciplined exit strategy because nothing is 100%, especially in this industry! GLTA
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