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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 Mat1791on Jan 26, 2023 7:54am
162 Views
Post# 35247176

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Interesting quote in today's PR

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Interesting quote in today's PRAnn, From my original post,

"Third, how the potential materializes and how quickly those potentials and speculated potentials get baked in may come down to tradable liquidity.  


CGX = 77% insiders
FEC = 38% insiders"

Your post


"The only insiders that really matter are management; FEC, Catalyst, Gramercy, they don't count."

All the above are insiders and shares held absolutely count.

All insider's shares regardless of management or FEC, Catalyst and Gramercy would be blacked out.  

Again, amount of shares that are available to trade on the market, during the drill, was my point.  

Not, what insiders are buying or selling as an indication of confidence or lack there of.

As for quota, you're right, wasting my time on the shop floor, back to the corner office :)



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