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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 Mar 09, 2022 5:32pm
253 Views
Post# 34501140

Re Wcp

Re Wcp
Every single time the share price drops you post these doom and gloom posts...Your option only and Not base in any facts...ie ..cgx management and insiders selling or shorting the stock....where are the facts.. You say cgx is doing all the hard work and giving the company away bit by bit...Who on earth do you think cgx is ...there is No Revenue...Its an Exploration company....how else does cgx or any other exploration company survive and continue exploring...they raise money. by issuing shares..but most of the money 90%of the shysters on the ventures raise money from are the unsuspecting public ...Cgx on the other hand must have been legitimate enough that Fronterra ( though not a major) Has decided to invest close to a Quarter of a Billion dollars in our little Cgx....Do you think they are walking away from that.... Do you have any idea how markets work?.Stocks have to trade 5 days a week 52 weeks a year...They move up and move down . And Yes there is manipulation in our share price like 90%of the stocks out there are manipulated... And Surprise...the better and more valuable a stock is the more its Manipulated...until all info is on the table ...ie data ...and Possible JV....then and only then we we start to see the true value of Cgx.....
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