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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 Dirksidetrackon Oct 24, 2021 11:08am
187 Views
Post# 34041916

RE:RE:RE:Well design..

RE:RE:RE:Well design..Where do those guys get their info? They can see "the bid-ask book" and figure out "depth" and apply chi-squared statistical modelling to it to come up with probability density functions.

They ain't dumb that's for sure. Where can I get a copy of this book? I'd like to see the book on CGX. Look at the bid distribution. Chi-squared equation looks easy enough to understand. If that's their method of investing these days then I had better get with the times. Gonna get on Reddit where they hang out. Maybe drop some hints about CGX. Those guys work in gangs in the millions.

I saw what they did to the shorters of Gamestop and AMC. Cost them billions on the short squeeze that millions of coordinated bids caused. Just bid one share at such and such a price they said. You got 10 million people putting in bids on one share at a certain price then the squeeze is on. Get those guys to bid CGX up.

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