CGX Energy Inc V.OYL

Total depth

[Caryar]

I thought the main target is well above TD, so what's up doc? Surely they've gone through that?

Unless they're looking for more? But as said, they wouldn't keep paying big $ if it was dry.

[lexxus296111111]

Once they enter Horizon 23 (Target 2- the main target): how hard is it to drill through those sands? Gotta remember that the main target is not at TD. Only target 3 is at Total Depth. I would assume they found what they needed to in Target 2 and its Target 3 that may be slowing things up. Based on their last news release- they were right above the main target. Whoever is selling doesn't know

[chulo123]

If I am not wrong in MAKA  Apache went  to Turorian and can not continue because high pressure and so then ended this well.

[Miftee9]

I thought at the news release they had not even reached the first secondary target.  To me that sounds like they may have had some issues.  The fact remains, the rig is still there, it costs a lot of money so this means they are still drilling or testing.  All of those things are good for us.  I still remain bullish and am not selling shares and my total average cost is below