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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 ljmorinon Oct 22, 2021 5:32pm
204 Views
Post# 34039333

RE:RE:RE:RE:RE:RE:So let's hear everyone's thoughts?

RE:RE:RE:RE:RE:RE:So let's hear everyone's thoughts?That may be true RHertig, But to newcomers to this stock doing their DD Its optically challenging to say the lleast.
I know myself if a was looking at say a gold exploration and saw that the CFO was dumping shares whie they were doing core samples I wouldn't touch it with a ten foot pole. 

She should be canned and there should have been a blackout in place, But really who would of thunk that a person in that position would be so stupid, None the less during a rights offering to boot.

Materialy we know it means nothing, but it looks like $hit and smells the same.
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