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Bullboard - Stock Discussion Forum CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

Energy Oil & Gas E&P
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 > QUESTION
View:
Post by Udinese69 on Oct 19, 2021 3:55pm

QUESTION

Who is selling all these shares at a ?? price that is dropping every day.
OYL.RT are worthless !!
My opinion only !!  Is FEC selling so to buy or keep all the RT shares?
Comment by SheDrills on Oct 19, 2021 4:22pm
If frontera were selling they have to report transactions...as dumb dumb CFO has to report.  The short interest is very high right now, only 250k shares left to borrow....they will have to cover if buyers return.
Comment by tiger77 on Oct 19, 2021 4:25pm
No one wanted the 120k I put up at a buck so that is good but I do believe this is orchestrated to keep their rights personally.  Could be wrong but I personally believe that. Thought I could pick up a bunch is stop losses triggered. Glad they didn't but we'll see I guess. GLTA!
Comment by Ermosp on Oct 19, 2021 4:43pm
I don't buy into them playing with SP. If they had wanted all the rights they could have just structured the financing so they get all the shares. Ie why not a loan like April?
Comment by ljmorin on Oct 19, 2021 10:31pm
Well because De Alba was being nice to the share holders, Cutting us some slack, givving us a break. Don't you know. This is far from over. Take a deep breath everyone. lol
Comment by ljmorin on Oct 19, 2021 10:31pm
Well because De Alba was being nice to the share holders, Cutting us some slack, givving us a break. Don@t you know. This is far from over. Take a deep breath everyone. lol
CGX Energy Inc
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