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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 > Share Price
View:
Post by Devanand1 on Jul 02, 2021 9:51am

Share Price

This trading pattern does not seem normal to me. There is an invisible hand at work  somewhere. Time to call in the Ghostbusters.
Comment by edmed on Jul 02, 2021 10:07am
After years in stocks This looks like more than backfilling Have seen this before Usually happens when management makes a deal with a major that benefits the Board and screws shareholders Took out all my money on the run up Just kept my profits invested to see this through to the end Have no risk here Been disappointed by this company too many times over the last 10 years to put any kind of trust ...more  
Comment by Devanand1 on Jul 02, 2021 10:15am
Frank, please don't post about manipulation of the stock. I know, I know- you have shares in both CGX and FEC.
Comment by TopStockBuy on Jul 02, 2021 10:25am
I first bought this stock around 2003 until they drilled Jaguar and I was able to exit the stock with a significant profit before TD.  I enjoy reading all the posts, especially the guys/gals that have been here all this time.  Hats off to all of you that have stuck around.  It's quite a story and I still believe in the basins potential, that's now proven.  From what I ...more  
Comment by edmed on Jul 02, 2021 10:28am
If it touches $1.10 again I will be a buyer
Comment by RightAngle45 on Jul 02, 2021 10:49am
I agree with you. I only have a few shares left as well, and its the same old story, management will do whats best for them. These guys could care less if investors have owned this stock for 22 years,22 months or 22 days, its the present situation that they care about. They have yet to give us any clue of the direction they are going on. This is just my opinion on this after owning this stock for ...more  
Comment by ljmorin on Jul 02, 2021 11:02am
These guys, The board, Management, New team, As whats best the best for them is whats best for us. Meaning this stock goes through the roof. We will be 3 bucks at spud.
Comment by rockman998 on Jul 02, 2021 12:22pm
I also agree. I sold all my shares but will look at buying again if the price drops to around  $1.30. Management has no consideration for shareholders, they look out for themselves first and FEC second. It now does not appear that a stock sale to raise money is the play. If I had to guess what will happen. I think the stock will fluctuate until they spud the well so it will be a trading stock ...more  
Comment by deepblue on Jul 02, 2021 10:19am
Will test $1.10
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