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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 > i own both...lol
View:
Post by Frank007 on Jun 25, 2021 12:04pm

i own both...lol

very happy today  ... i agree with some of what you say  ...but here is my point  frontera as you know  is all over this ...once  oil is proven  just who do you think is going to finance the lifting of it to get cash flow .... my guess  frontera  who is funding the drill bit now .... both  cgx and fec  should do just fine but if its a dry hole  cgx is dust  for sure ....
Comment by Phantomblogger on Jun 25, 2021 12:17pm
You need to put on your thinking cap on! When CGX goes to $20, very much like GME, we can also raise lots of cash. CGX does not have debt as far as I know; they're strapped for cash. Sitting on tons of oil, means something! It's all about raising the cash. If GME can do it, then so can we. What's so hard for you to see? If GME, AMC can raise cash, so can we. In fact, the moment we hit  ...more  
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