Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Kelvinon May 31, 2023 6:59pm
1501 Views
Post# 35473814

RE:RE:RE:RE:RE:RE:RE:RE:RE:Comments for Mr. Negative

RE:RE:RE:RE:RE:RE:RE:RE:RE:Comments for Mr. NegativeOk solid arguement WS. We have this reflexive dynamic going on where expectations are divorced from reality. Reflexivity is a term dreamed up by George Soros. The expectation of a big find is reflected in sp and fed back to other investors as sp increases driving sp up even higher into a bubble. Same as what happened to real estate or dotcom before those bubbles burst. That dynamic existed with CGX Eagle 1, Jaguar and Kawa. 

Now it seems that the big money wants something more. Penetrating the Santonian last month the sp shot up to $1.83 "Here we go!" I thought. But then sp dropped down. Why? The volume was not there to sustain it as it was in the past. You talk about me being a source of fear? The fear is somewhere else. Although it appears to be more like indifference than fear and anybody's comments pro or against will not change that. My motives? I wanna buy in. I'm challenging anybody who may know MDT results, how the side track is going, what mud weight they're drilling with etc to post the info. Nothing! Since August 23, 2021, Kawa spud nothing.
<< Previous
Bullboard Posts
Next >>