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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 > traded ....
View:
Post by Frank007 on Jul 08, 2021 12:59pm

traded ....

sold 1000  fec .....$ 7.30    and picked up 5000   cgx    $ 1.42 ....trade    same play   better position ... if cgx  hits 2 plus will probably trade back  good luck to all you longs here .....
Comment by TraderRJS on Jul 08, 2021 2:25pm
While both tickers are likely to go up, as you've pointed out, which is more likely to happen FEC to $14.60 or CGX to $2.30? It's pretty obvious so CGX is the much better strategy in regards to spudding and finding oil. I hope you do well off that trade Frank, as it will help me too, LOL.