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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 > Good morning
View:
Post by dragonfly454 on Dec 13, 2021 5:55am

Good morning

Brand new day... Shakalala.. Hoping for NR Rig on location at Kawa-1 as at midnight At N 07 27' 47.99" - W 056 24' 42.00" Neil2021 some people might think you are me lol (names having the same root) lol Cheers mate. Infighting ? That would be the guy perpetually locked in the Barrel with the hole. It should start running up today ...as the bottom feeders go for the 50 cents and equilibrium is regained. Keep calm Be Safe .The Barrel is there for stress relief say hi to the occupant..
Comment by Dirksidetrack on Dec 13, 2021 7:04am
Good morning Dfly, Been learning about clearing houses, market makers, how securities are used as collateral to the clearing houses from the brokers etc.Case in point: The main clearing house in the US wanted $4 billion from Robin Hood as collateral to clear trades on Robin Hood's trading platform. Robin Hood only had $700 million. So the clearing house didn't settle a bunch of trades ...more  
Comment by Mat1791 on Dec 13, 2021 7:59am
Total shares outstanding are both restricted plus unrestricted.   The unrestricted are technically those available to trade publically.   The company buys back shares or issues new shares which moves the total outstanding up or down.  Restricteed shares can become unrestricted which will increase the public float.  For example when an insider sells.   Clearing ...more  
Comment by Dirksidetrack on Dec 13, 2021 8:26am
Ok thanks Mat1791. Yeah I'm trying to figure out if anybody is accumulating. Other posters have mentioned RBC. Are they acting on their own behalf or an agent for somebody else? Any if anybody is accumulating, then why? Have a great day! Cheers.
Comment by Mat1791 on Dec 13, 2021 8:41am
Almost impossible to tell... Everyday you can see the volume of trades, equal buyers and sellers with the direction of the shareprice indicating the supply/demand trend.  Some are traders, some are shorting, some are buying to hold and some have sold to be gone. No way of knowing.   RBC Capital Markets, Anonymous, CIBC World Markes, etc, all could be separate individuals whom are ...more  
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