CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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.

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CGX Energy Inc > Share price

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Comment by rockman998on Nov 02, 2021 10:10am

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Post# 34076789

RE:RE:RE:Share price

Price trending down from August with lower highs and lower lows. Could be under a dollar by next week if trend conrinues. No discussion on this board about buying, only discussion on when to sell. Do you think the stock price is trying to tell us something? Surprisingly low volume considering the potential.
I've been in and out of this stock twice during this play. I bought back in when it recently went down to a buck. Decided last week to sell again.
I don't trust these guys at all!
Someone recently said they could wake up to a $4.00 bid, it is more likey to wake up to 50 cent ask with no bid.

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