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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 taalon Feb 29, 2024 2:03pm
172 Views
Post# 35907114

Re share price

Re share priceFor some reason they don't want any attention  brought to this stock...We have been trading on this narrow range from 30 ....40 for roughly 3 months now...A lot of the trades are at the Ask...But the minute the ask is filled ...they keep loading it up again..Right now there is over 40,000 at the ask just after they took out the 30,000 at the ask ...No one is making money at this price ...so Who is selling...I wouldn't think a long term shareholder after holding for so long and knowing they are trying to work out a deal....Certainly  not day traders ...there is No liquidity...So ask yourself who is trading this very thinly traded stock and Why are we being held in Check in this price range..The manipulation is So obvious...Anyone???
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