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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 Kelvinon Sep 12, 2023 3:23pm
169 Views
Post# 35632224

RE:RE:Again I say …who cares!

RE:RE:Again I say …who cares!jtdd, Frank is playing some sort of psychological 3D chess because if you map out cause and effect you get: markets are being manipulated. OK, in which conditions can markets be manipulated? Markets can be manipulated when there is little bid interest. Why isn't there much bid interest? Because there's not enough information available with which to value the company. Who controls the information available with which to value the company? The very same company, of course.

So Franky boy might really be saying that the lack of information is a buy signal because it's a deliberate attempt to suppress the sp. Ok, that's obvious enough to most on this board who could probably play 3D chess. Why do they want to suppress the sp? To get your shares as cheap as possible. But all that does is raise suspucions as to why someone would want to accumulate shares. Because it's a buy.


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