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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 westcanprideon Sep 22, 2023 10:27am
261 Views
Post# 35649119

Completely natural

Completely natural

So it took roughly 50,000 shares to push CGX up to $1.16CAD this morning (or 12 cents gain).... yet it only took roughly 5000 shares to bring it back down 10 cents. 

CGX has been manipulated for years... I've posted it, others have, and Frank loves to daily haha. But this example this morning is just a blatant joke. 

Tooth and nail to drive the price up, but pushed back down with little to no effort. 

Let's hope in the near future, De Alba will finally make a bloody deal instead of just working with his banking buddies to circle jerk the share prices of two publicly traded companies into the toilet. 

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