Post by
CLOUDER on Apr 02, 2021 12:28pm
WHAT IS CGX WORTH?
WELL, 287,588,662 shares out, none of you here ever talk about this, CGX has about 10 million in the kitty it this hasen`t been used up, it was a half year or so ago i read this,most of CGX`S leases are in the shallows were nothing but heavy oil has been found in any amounts,the tip of corentyne is the ony play imo,last i heard drilling is about 100 million U.S. for a hole off shore,CGX has only 67% of there leases now soooo. yah this is worth a , what is it ? a 1/4 billion market cap ???? o.m.g.
Comment by
CLOUDER on Apr 02, 2021 9:08pm
WELL, you guys seem very optimistic , i must bow to your long lived expertise, it is just CGX has to finance or give more up of the lease, and there is a lot of shares out sooo.