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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 AnMaron Jan 26, 2023 6:58pm
314 Views
Post# 35249067

Mat1791 -

Mat1791 - Mat's holy words...
...and my unholy responses

Ann, 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.  


Ok, my mistake - the key words tradeable liquidity eluded me. But, I don't think the blackout period is in effect yet. Perhaps someone can verify that.

CGX = 77% insiders
FEC = 38% insiders"


/*
 ( the only useful bit in this post follows:) -->
If blackout in effect:
CGX tradeable = ~77 million 
FEC tradeable = ~53.7 million  - so illiquidity favours FEC not CGX

*/)


 
Rememeber, you swung first - said big Mat as his wife hit the floor.
(just what it sounds like - metaphorically speaking of course)
I see diplomacy isn't your strong suite neither - so did you re-read your work? 

Call me Ann and I'll call you Barney, call me AnMar and I'll call you Mat1791


Glad to see your busy scoring points and making friends with the natives. 
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