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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 IceDog13on Aug 22, 2024 4:14pm
139 Views
Post# 36192432

RE:RE:RE:NOTHING

RE:RE:RE:NOTHING
Frank007 wrote: I can say with certainty it a completely manipulated situation....I watch and can see Goldman ,cibc annonymous ..and national bank ...wash trading ...some bmo.....ncib over at frontera ....Hank in there shedrill ...this is how the con game is played !

Hate to break it to you Frank. Your theory of the con game is preposterous. The thought of Goldman Sachs, BMO etc. wasting their time to make a few hundred dollars to illegally manipulate this company (or any penny stock) risking losing there license and legal action against them is crazy. 

The reality is CGX lost the Berbice, lost Demerera, lost Corentyne and still have not finished the port. No income, millions of dollars in debt. These are all facts. The one and only chance they have is if the government accepts the Notice of Commercial Interest which in my opinion is a coin flip at best.
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