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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 Jan 19, 2022 4:42am
234 Views
Post# 34331558

RE:RE:RE:RE:RE:Kawa

RE:RE:RE:RE:RE:KawaOyler, Just to be clear. I live in Venezuela. Dfly lives in Guyana. I think that he may be Hindu. So he wouldn't eat any beef products like Montreal smoked meat. I might be Jewish and might like a Jewish invention like Montreal smoked meat that I can't find here.

Yes, lots of speculation on my part. I have very little information about the well. So, with the information that does become available, I can only speculate. I can't even come up with theories. The validity of any theory depends on how well it makes predictions. I have made no predictions.

Unless you have a lot of information about the well, then you are theorizing. You are making predictions like Dfly has. You said "wait for it". Wait for what? Please be specific because "what" could be any outcome and you'd say "See I told you so!" Ok so both you and Dfly are making predictions. His posts are, at least, very informative in my opinion. Yes CGX is for the longs. I disagree that 90% on this board are shorts. I'd say that 99% are longs. See? You and I have a different interpretation of posts here. Maybe we both have biases that skew our reading of facts.

I've often wondered why, when presented with the same body of facts, people do not reach the same conclusion. The reason why they don't is because people are selective about the facts that they choose to form their opinions or theories. They accept some facts, while rejecting others that may contradict some bias that they may have. For example, one of my neighbours may not like me because I'm white. He sees me carry a brand new TV in it's box into my house. Another neighbour may have gotten his well used TV stolen. The neighbour who hates me then says that he saw me carry a TV into my house. That's true. What he doesn't say is that it was a brand new TV. So everybody would think that I were a thief. OK, so how does a real estate guy end up knowing so much about geology? You can also lie by omitting facts.

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