CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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.

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CGX Energy Inc > Mat1791 -

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Comment by Mat1791on Jan 26, 2023 8:32pm

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Post# 35249221

RE:RE:RE:Mat1791 -

Frank007 wrote: Both of these stocks seem to be controlled and manipulated by some one ...seems bmo does a lot of the trading in both ..not sure why ....I doubt you could accumulate 1% in either one ...

Frank,

First, that was just an example for the math to prove a point.

Second, you could just put in a market order and run up the ask ladder.

In the end it would depend on the number available for sale, but my point and bet would be, CGX's share price would increase % wise greater than FEC's.

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