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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 > Volume
View:
Post by spudton on Sep 03, 2021 1:02pm

Volume

Is crazy low. Has it always been this way?
Comment by ljmorin on Sep 03, 2021 1:48pm
Because us Longs have been squirrlng away millions upon millions of shares and can't be shaken out until close to TD?
Comment by stark15 on Sep 03, 2021 2:31pm
My guess is not many players last week of August/summer......we have had some pretty HIGH volumes....so to answer your question spud....no, it not always like this..... Like lj said, us longs have been around awhile......i have been here since 1999 and will start considering immediate retirement at around $6+, lol (i am in my mid 50's)
Comment by Rapsani on Sep 03, 2021 3:16pm
There's also traiding on the U.S. OTC market.. which last month or two is give or take about the same volume you see on the Canadian side.   As Stark15 says.. many of us have been here since the start and are holding on to our shares (which btw, was priced at $1US per share at the time and was preconsolidation so equivilent to $10 a share).   Most on the board have averaged ...more  
Comment by Coloradobuff on Sep 04, 2021 10:03am
I have been waiting a long time. Allowing me to double down at .25 a share when they had that offering was a blessing. Hope this works out for all. 
Comment by ljmorin on Sep 04, 2021 1:12pm
Yeah, Allot of us may look back at that as a pivitol time. I almost said F it, but then i figured ok one more time and pigged out on shares then and shortly after. I sort of wonder how many longs opted out at that time and are looking in now? I do wish them well and certainly don't blame them for doing so either. I know I was on the fence as well.
Comment by Coloradobuff on Sep 04, 2021 9:46pm
I was thinking of adding more at that time but didn't want to commit too much. So I just took my allotment. Glad you pigged out! Hope this flies for all of us. 
Comment by jtdd on Sep 06, 2021 11:50pm
Devanand1 raised a good point on Stocktwits that I also thought about. Maybe the reason they have announced a second drill but not disclosed the location is because, possibly, the second drill will be the other very promising multi-stacked prospect  west of Kawa-1 and they will ask for an extension on Demerara Makaparan-1. As it looks now, since the rig is going back to Trinidad (I believe ...more  
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