Bullboard - Stock Discussion Forum CGX Energy Inc V.OYL

Alternate Symbol(s): CGXEF

Energy Oil & Gas E&P

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

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CGX Energy Inc > Getting a little excited

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Post by waitingstill on Apr 29, 2021 1:50pm

Getting a little excited

Okay, perhaps it is just wishful thinking but it seems like the SP is being walked upwards right now.. Bid 95 Ask 97 and sitting at 96c. Although buying is from many different houses and volume pretty small at 42k shares traded, just have that feeling. I hope I am not wrong and we see triple digits by end of tomorrow and keep climbing from there. Maybe JV cooking? I sure hope so!

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Comment by stark15 on Apr 29, 2021 3:04pm

WS.....I think we are all getting a little excited....the agreement for the rig states the parent (FEC) is to provide a 'Deed of Guarantee" by May 1st so I wasn't expecting any JV announcement until after May 1st....my guess is we will have a JV announcement in May, most likely in the next 2 weeks...so a spike of some kind when the JV is announced and then a steady slow rise until ...more

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