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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 > Trading
View:
Post by waitingstill on Apr 22, 2021 1:41pm

Trading

Someone was waiting for this news. 296k shares traded so far and up 7c. Hopefully volume and SP rise continue in the coming weeks. Really, could be 12 weeks and we have spud by late July!
Comment by westcanpride on Apr 22, 2021 3:44pm
Here is too hoping waitingstill!  I personally thought the share price would have jumped well above $1 this morning on the news of a rig contract and preliminary spud-date timeframe. Maybe tomorrow that will happen before we approach the weekend?  Either way, Kawa-1 will be getting drilled this summer! Certainly something I thought never would happen given the history of the company ...more  
Comment by jada13 on Apr 22, 2021 4:15pm
I thought over a buck also EOG went up to say 3 bucks on there hit until they found out it was heavy oil with high sulfur. Just think if it had all gone right for them easy 7 to 8 bucks.Oyl will run the same I figure.
Comment by Ebenizer3 on Apr 22, 2021 4:52pm
isn't the float tiny at 14mil, frontera controls the rest. kinda hard to run with everyone holding. reco went crazy just putting a rig on a boat. Good luck all
Comment by CLOUDER on Apr 23, 2021 8:42am
WELL jada13, CGX has 2 times the shares and will have to add,  EOG activey promoted (PUMPED) there stock,and a JV with a major,ect. BUT,  CGX has a great shot on the tip, and the port thing sooo.
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