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... see more

Add To Watchlist

TSXV:OYL - Post Discussion

CGX Energy Inc > Re Cgx

View:

Post by taal on Mar 04, 2022 9:00am

Re Cgx

I suspect after losing half of its market cap and with many Guyanese gov officials holding shares it may have been the Guyanese gov that instructed Cgx to elaborate on yesterday's release..I doubt that us shareholders hadmuch to do ..No disrespect Soul ...but we've done this before and on many other companies and its Always fallen on deaf ears....Glad for the release... Someone is looking after us shareholders and its Not Fec

218

Comment

Comment by YancyDerringer on Mar 04, 2022 9:04am

OR someone needed to get in at a cheap price!YD

128

Comment

Comment by Devanand1 on Mar 04, 2022 9:09am

I agree that Suresh did a tremendous amount for the company However, at this time, we need a person with the necessary experience in the oil and gas industry as well as dome knowledge in finance to lead this company. They were too many amateurish mistakes that are being made. It is not easy seeing half of your equity wiped out in a couple of hours because of sheer incompetence.

153

Comment