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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 > After the failed KAWA well, FEC needs to halt flushing
View:
Post by drunk@noon on Feb 25, 2022 10:50am

After the failed KAWA well, FEC needs to halt flushing

money down the toilet. It was a nice try, but failure is failure. CXG needs to stand on their own feet. Raise some money, if you can, that is. Off shore Guyana is actually a negitive to FEC, as they are cashflowing half their market cap, and without pi$$ing away money on another well, they would be FRee cashflowing 35-40% with brent at these levels. i.e they are better off buying back their shares than investing more in this offshore missadventure.
NAT GAS = Failure.
Comment by CLOUDER on Feb 25, 2022 10:58am
THATS     C.G.X.    num  nuts.   and get ready to cover your shorts man,  
Comment by soulfire on Feb 25, 2022 11:04am
And yet FEC choose to ??? You're almost there DRUNK at NOON, 1 more hour
Comment by IceDog13 on Feb 25, 2022 11:11am
It's 12:30 in Newfoundland, why wait!
Comment by Coloradobuff on Feb 25, 2022 12:00pm
Keep trying buddy. We have been invested 15-20+ years no one is taking you seriously.  the facts are they hit, they are drilling again and the stock is finding a floor around 2.70 -2.85. We have already seen a great increase and are waiting for the buyout or even better outcome.  so thanks for playing you aren't shaking anyone out.  advise you to search she drills and ...more  
Comment by RightAngle45 on Feb 25, 2022 12:59pm
drunk@noon I worked on the drilling rigs for about ten years when i got out of school and characters like you were described as being a few stands off bottom.
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