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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

Post by taalon Jan 24, 2022 5:57pm
378 Views
Post# 34355622

Re make no mistske

Re make no mistske
Yes Wcp ...Make no Mistake that the more legitimate a play is the MMs are there to manipulate and steal your shares.I had a stock back in the early 2000s named SBAC ..a tower company...made money ...but Never should have sold...bought in at .57 cents and a few months later traded around 4.50 or so ...Was watching it one afternoon and for no reason ...no news is suddenly dropped under 3.00 ....it was like ...they must be going out of buisness ...( I sold by the way at 4.50)....well it recovered shortly after and I the next 5 yrs or so traded over $300.00 a share... My point ..if something is Good ...They will Not make it easy for you to hang on to those shares...The More volatile Cgx trades ...The more I like it...GLTA
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