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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...
Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.
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TSXV:OYL - Post Discussion
CGX Energy Inc
> To sell or not to sell
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xbc13
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Post by
xbc13
on Nov 30, 2021 9:08pm
To sell or not to sell
Question for the longs, do you sell when they hit on this well or wait until they hit on the next one? Or do they get bought out on a hit on this one?
(98)
•••
SheDrills
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Comment by
SheDrills
on Nov 30, 2021 9:26pm
Everyone will have different answers based on greed:risk tolerance and the price:volume on a run. For me, I know what the acreage is worth and I'll be holding into the next well....am also not dumb so if the stock went into over speculation mode...I'ld be seller into it then renter on a pullback. First things first, we need much higher volume and technical traders to pour in...and that
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