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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 Apr 04, 2023 12:01pm
87 Views
Post# 35378794

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:WORLD IS NUTS

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:WORLD IS NUTS

Kelvin wrote: Yes, because I want to know what management's intentions are. The sp is not responding as I expected that it would. Are you happy with it Soulfire?

 

Kelvin, if those on the side line are approaching this play like you said, then why would you even care or expect the share price to act any different?

 Penny traders moving it around until news. Then real volume and price action in reaction to the news rather then speculative price action.

Your disappointed about the share action but answered your own dissatisfaction with your purchase strategy??

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