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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 Beaner1814on Nov 02, 2021 8:31pm
166 Views
Post# 34080060

RE:RE:RE:Share Price

RE:RE:RE:Share PriceA couple quick questions, which I hope you could answer:

1. If this is a scam, at what point of the supply chain (including the legitimate exchanges the stock is traded on) is the wool being pulled over investors' eyes? With such a claim, you must understand the elements of securities fraud and have invaluabe information that could lead to an action being brought against the fraudsters. I would recommend and encourage that you contact the Onatrio Securites Commission should you have any information to back up your claim; and

2. My maths may be off, but could you kindly expalin how you come to the figure of $1.3 billion for the "play", based on CGX's projected market capitalization of $900 million at $2.70/share. Would you not need to factor in a lot more variables to speculate on the value of the "play"?;

Given your statement, "I traded in and out of this stock twice in the last 4 months and made $100k which is fine for me," you clearly have an appreciation and understanding for how the stockmarket works. You also clearly have an affinity for short term investing strategies and seem to understand the playbook of such strategies by monopolizing on the anxieties of uninformed investors new to the stock or to this board. What you choose to do day to day as an investor with this stock is your business, as capitalism is the game we each are playing and the stockmarket is a exercise of financial democracy. However, please dont spout drivel and then ask each of us not to call you out on your lack of intellegent input, as you have so eloquently stated: "Name calling is a defense mechanism and is usally a sign that you don't have anything intelligent to say". 

You may need
a new adage: "Often those that criticise others reveal what he himself lacks - S. Adler"
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