CGX Energy Inc V.OYL

All good

[Mannyman99]

Hey guys great posts I'm reading here. Love the valuation efforts Dirk, however I couldn't agree more with the posters here that advise that this is not whatsoever a fundamental play at all, it isn't. Too many uncertainties and variables that no book could ever account for fully, and I also agree that this is a speculative in that this stock will really see substantial gains if the word gets out enough. I personally feel like the SP movement upwards and at the end of the day hovering above $1.50 is definitely a good sign in how much anticipation really lays in that basin and how many eyes are really out there. I got into this play because I was long Oil (blessing and curse) before Covid-19 hit and heard from a friend that I should look into Guyana because the balls getting rolled there to say the least. Looked into it more and discovered what Exxon and Total and Apache have done and wanted in instantly specially after looking into how much potential Cgx has and they're relation with the country of Guyana itself. I am a 22 year old finance major so it didn't take too long for me to realize that I can't really apply many fundamental ratios and translate them to viable DCFs with good certainty as there is so much uncertainty in ONE topic and that's funds.. I realized that the true investment here lays within the country of Guyana and their oil and I truely believe Cgx Energy is Guyana's Oil Company and if that's the country that is going to making noise in the oil markets by 2025, I'm all in, my risk tolerance can definitely allow it. I don't think it's a matter of if just when. Who doesn't wanna own a part of company that has started operations in a country that can potentially have bigger oil per capita boom than Dubai!! Guyana's economy itself is slated to spike ten fold because of this, y'all needa wake up! I'm new to this stock and I could still look past all the uncertainty with management, reports etc. and see the bigger picture and that's what institutions don't want us retailers to do. They want us to buy into microeconomic trends because we make em but I'm gonna warn you guys to inference any short term financial data with long term macro trends and you'll be the one laughing not them. Cgx is it just stay patient and ride it out folks. 

Mannyman ;)

[Dirksidetrack]

Yeah my buddy (young guy by my standards 32 years old, I'm over twice his age) is long oil and gas as well. He reckons renewables just won't cut it. He's betting big on the Canadian oil sands. He says that they'll turn them into blue hydrogen and carbon credits using CCUS ( carbon capture, utilization and storage ) technology because Alberta has what few other places have namely

[Mannyman99]

Wow I must be considered a fetus around here then. And yes I think your buddy is right on with his thoughts. Renewables aren't source of the future, there is just a simple agenda out there behind it in the way that there has to be anti- something, oil and gas has been THE main source of immense energy for decades so ofcourse they (renewable energy scientists) are going to try and take some

[Dirksidetrack]

Yeah I don't know much about nuclear other than in terms of energy density (Joules per unit mass) the binding energy in the uranium nucleus beats all. In terms of abundant sources hydrocarbons comes next. But for some reason in terms of cost per Joule of energy delivered hydrocarbons beats all. I do not know what that reason is exactly but it has something to do with decommissioning costs

[Dirksidetrack]

Yeah I don't know much about nuclear other than in terms of energy density (Joules per unit mass) the binding energy in the uranium nucleus beats all. In terms of abundant sources hydrocarbons comes next. But for some reason in terms of cost per Joule of energy delivered hydrocarbons beats all. I do not know what that reason is exactly but it has something to do with decommissioning costs

[waitingstill]

Lol, I have been holding this stock as long as you have been alive! Lol.

[Mannyman99]

Waitingstill,  idk how you do it, big shoutout to you haha I always think to myself patience is a virtue anytime I get frustrated with stocks as I think back to this board and the guys that have even stuck in for 5+ years, hats off to you guys, we all deserve some love from Cgx SP!