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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 jtddon Dec 16, 2021 12:02pm
209 Views
Post# 34237192

RE:News Release Thoughts

RE:News Release ThoughtsI think it's very important now to realize that with a period of renewed silence approaching, we don't fall victim to the inevitable contrarian thinking that accompanies the silence. Investor’s have very short memories and their confidence easily wains due to stretches of silence from the company. The company basically said to not bother them now til they're done. We have to listen. It's almost like an insecure boyfriend or girlfriend who needs to hear words of affirmation every day! It's not going to happen and we have to stockpile these emotions to get us through to the end. Don't fall victim to the insecurities and feelings of paranoia and despair that will most certainly return over the next month of silence. This bump in stock price will dissipate over the coming days/weeks. Expect it. It's human nature. Stay positive. She said she loves you today and had to leave for a while, make that enough to get you through to her return!
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