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Bullboard - Stock Discussion Forum 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... see more

TSXV:OYL - Post Discussion

CGX Energy Inc > HOPIUMS must read this article VERY CAREFULLY
View:
Post by Phantomblogger on Mar 20, 2021 4:52pm

HOPIUMS must read this article VERY CAREFULLY

https://www.kaieteurnewsonline.com/2021/03/20/guyana-suriname-should-partner-on-shore-base-facilities-to-cut-cost-new-oil-boss/

All Hopiums must read the above link with due diligence.
Pay attention to depths and the problem with Amazon silt, which is responsible for the color of waters off Guyana and Suriname Northern Shores. Remember such things as Sand Banks, which that Suriname MInister alludes to in very clear language. And may be related to Trotman's allegation about Muneshwar's Wharf at Houston.

Therefore, as always, and many times before, I want to know all about out CGX/FEC plans for drilling! What are the plans for the funds? Are we going to be having more rights issues? Or as waitingstill posted, FEC will be handling the funds. Please show me, so I can start buying more shares, or wait for another set of rights issuance!
Not that I don't have enough shares right now, lol. But once these news are released, we can get on with the business.
I don't want to hear anything about stock price engineering such as Share Buy Backs in the open market, or Stock Inversion, bla bla bla. I've now come to the conclusion, that not a single well has been drilled since FEC took over. All they've done is Stock Inversion, wiped out their shareholders of PRE, and now going to do Stock Buyback of FEC.
HOPIUMS, I want to sell at $2.50!
Will I get that opportunity?
Comment by Devanand1 on Mar 20, 2021 5:59pm
The shore base operation in Houston is very small. Traffic is a mess most hours of the day. There is no room for expansion in that location so any other expansion of the short base operation will definitely have to go to a different location. In fact the whole of the East Bank is getting extremely busy. i'm not too sure that we will ever see a joint operation between Guyana and Suriname ...more  
Comment by Phantomblogger on Mar 20, 2021 6:08pm
"CGX needs to get busy. Now is not the time to be timid. This story needs to be told." PRECISELY! PRECISELY! PRECISELY! Please read again, the end of my previous post!
Comment by Rapsani on Mar 20, 2021 8:16pm
Of course Suriname is interested.. because they don't have a location for a cost effective deep water port I believe.   Amazing how their tune has changed... 20 years ago we got run off by one of their gun boats .. and then for 7 years fought the territorial ocean claims and they lost..   so here we are 14 years later after the ruling. If Guyana and Suriname look at a ...more