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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 westcanprideon Mar 09, 2022 2:31pm
263 Views
Post# 34500359

RE:Wcp

RE:WcpIf you do not like my posts taal, block me! Good lord man, we are at a lower price now then when the bloody well was spudded in August 2021. Please, explain to me why that is? According to your post/mindset, money should be flowing into CGX since they discovered hydrocarbons. If anything, CGX is doing all the hard work finding the oil and is instead giving away the company bit by bit for pennies on the dollar due to inept management moves/strategy.  

To this end, I also am not going to take advice from you, a self-professed individual who has his entire investment portfolio tied up in a penny stock like CGX. That's not investing, that is straight up gambling. Since last week, you are probably down over $1 million in capital gains (given you have over 700k in shares). No wonder you are upset at my posts... the truth in my opinions probably irks the hell out of you! 


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