Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > Question
View:
Post by Coloradobuff on Jan 31, 2022 3:44pm

Question

How long after a halt do they have to report news
Comment by ljmorin on Jan 31, 2022 3:46pm
Don't quote me but I believe something has to be done by the next session.
Comment by Coloradobuff on Jan 31, 2022 3:55pm
Thanks :) so tomorrow it is if you are correct. Would make a lot of sense. 
Comment by waitingstill on Jan 31, 2022 3:56pm
As it is halted and no one can trade, it can remain halted as long as needed and nothing has to be reported. So it can be as short as 5 min or longer than 1 year (I have been there - was not pleasant and totally different situation). In this case I suspect less than a day.
Comment by Coloradobuff on Jan 31, 2022 4:12pm
That's interesting. That means the stock can't be shorted or people can't get their money out. Seems unethical to allow people to have their asset frozen for a year. Unless a very good reason, if  you think about it. 
Comment by ljmorin on Jan 31, 2022 4:17pm
I believe that would be a halt more on the reulatory side, Not the company type as in this situation. Breeexx comes to mind.
Comment by waitingstill on Jan 31, 2022 4:35pm
Definitely when it is longer than a few days, it would be on the regulatory side. Definitely not the case as today for CGX! We are looking good. Can't wait to for the NR.
Comment by Coloradobuff on Jan 31, 2022 5:03pm
That makes sense too. Do we all agree this is kawa news or could it be a capital raise?
Comment by Hotshot85 on Jan 31, 2022 5:19pm
i was wondering about this as well.  i actually dont think its well news.  other than perhaps " we've completed" we all know they needed money to complete the well.  could be a farmout/farm down. or capital raise. that's my guess
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities