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 > Re Harel

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Comment by Mat1791on Dec 17, 2021 9:43am

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Post# 34240149

RE:RE:RE:RE:RE:RE:Re Harel

Harel1976 wrote: agree, cgx doesnt have a lot of shares avileable so it will rise higher and quicker, but same on the downside, so the timing in my view is pre results, look at yesterdays bounce, you wouldnt see it in others stocks' now is the time to cash out and move to fec.
imagine you move all your money to fec, its a duster and in a month you sell your shares with no loss and buy cgx at 0.2$ and hold 7 times the amount of shares you hold now.

Harel,

If I, and others thought this to be a duster, and in your opinion a company killer for CGX, which FEC owns 80% of...

I wouldn't be in either!

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