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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

Post by taalon Oct 23, 2021 4:47pm
312 Views
Post# 34041181

Is fec a cheapie

Is fec a cheapie
Phantom....hit the nail on the head...I've said it before these guys at Fec are ruthless ...I believe this was all premeditated..If this play is good ..and I believe Fec thinks it is...they have over $200 million invested...then they are not going to make it easy for us shareholders to hang in there...DeAllba won't look bad....after rights offering and not immediately after we are going back well over that $1.63 mark... Give you simple example....I put in a token order to buy 20000 shares last week at 1.47....I was filled INSTANTLY....Never happens with oyl....I bought 20000 more at 1.07 And Td waterhouse refused my order..waited 15 minutes or so ..tried again and my order went through....hell six months ago again went to test the trading at .50 and it took a week to get filled...Do you think there's manipulation.... Someone wants our shares ...dont let them go cheap...Glta
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