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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 Mbxwatcheron Jun 04, 2024 12:10pm
179 Views
Post# 36071315

RE:RE:Trading

RE:RE:TradingWe are helpless at this point.  I am committed, even to the extend of losing it completely, to not giving my shares to anyone at this price or lower......If as Frank tells us everyday this is in fact manipulation then i will be damned if I will capitulate.
That being said its a huge loss in my portfolio and the last time I will make this kind of investment.

Thankfully, for me, only losing what I guess i can afford to lose....I hope that is the case for the longtime shareholders here who have done such a great job of sharing.....I no longer sense any optimism here, and I guess thats the plan of the manipulators.
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