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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 Gtboyon Sep 05, 2023 10:22am
399 Views
Post# 35619706

Be Calm

Be CalmHi Everyone, 

One thing I have learnt over the years is that, it is what it is. Here are my thoughts. We are all in this and we are all either consumed or we are all happy. Speculating and getting upset wont change anything. Lets save our anger or joy for whatever the final announcement says. Honestly, I do not know what to believe. The meeting was very positive as I said but now I am hearing on this board about who have left. Again, lets wait on formal announcements from the company before we speculate as to why, what and how etc. I know that the experiences we have all had here for over 20 years, we would never do this again. But lets be honest, we are all just greedy folks, many of us bought in the 0.20 cents and could have sold at $4.50 but we were too greedy. Its the nature of stock trading. 

If I can leave anything with you is, stay calm and lets wait on the final official results. I am not saying it will be good, and if it isnt, then lets take action and maybe do some class action lawsuit. BUT, as I said, reading this board based on what someone writes, often sends fear or hope which then transforms into the stock price.

I wish us all the best and Good luck.

GT
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