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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 > This is great news
View:
Post by Devanand1 on Oct 26, 2021 8:54am

This is great news

https://ca.finance.yahoo.com/news/cgx-energy-announces-appointment-vice-114500423.html
Comment by Goldrush97 on Oct 26, 2021 9:03am
Just sell the company when we find oil.
Comment by jtdd on Oct 26, 2021 9:10am
Who the heck would have an ask of $1.25 this morning??!
Comment by Rapsani on Oct 26, 2021 10:00am
So his stock options are structured differently...  first 1/3 doesn't vest until 1 year aniverssary.  Next 1/3 after 2 years, and last 1/3 after 3 years.    Vs some of the others we've seen a portion vest only after 6 months or immediately.   Perhaps with the high risk he saw that data and was confident of success.
Comment by stark15 on Oct 26, 2021 10:10am
Imho, thats the great news Rap.....why would he agree to a 1, 2 and 3yr vestment of his options unless he was assured by someone things are going to get much better??  GLTA
Comment by Studley on Oct 26, 2021 10:23am
Industry types that may have received options to come on board . How much info did / would they have given him ? One peek is worth two finesses .
CGX Energy Inc
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