CGX Energy Inc V.OYL

Good weekend of discussion

[westcanpride]

I will try and leave it at that... was nice to read the posts this weekend. 

Hopefully we get news soon and corresponding share price increase.... spud date is getting very close now.

[chulo123]

I beleive that investors does not has confidence in CGX. I mean company history has been marked with several neglect and breaches and has cancelled some works already scheduled. Thats why investors do not beleive, so I expect start drilling the money will come.

[Devanand1]

Everybody and their grandmother know the importance of marketing, except CGX. I am not 100% convinced that this price is being held down at this time by anyone. I was looking at the bids for a couple of weeks and there are not many bids lined up to purchase these shares. The interest is simply not there, at this time.  Three weeks before the start of the third quarter and we are trading at 90

[westcanpride]

Definitely clear that CGX has everything riding on the success of the Kawa-1 well. Anything other than a massive economic discovery will be a big failure and result in further share dilution as Frontera will look to pick up assets on the cheap (hell, they even state as much in their recent $19MM loan). Suppose this is why few other retail investors are looking to jump in... tons of risk for a shot