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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

View:
Post by taal on Mar 09, 2022 1:25pm

Wcp

Always Always the glass half full....According to you whats the point of exploration ...If you happen to make a discovery ....No one will want it...Where is the money coming from???Isn't that what mostly junior Oil and Gold companies do...they raise money..they explore..if they happen to find something ...there is Always money available...If there's money to be made....Mostly All major gold Producers were first discovered by Juniors....Not as much in the oil sector because of high cost of exploration ...but same analogy hold True...All these assumptions of management and insiders selling thier shares....Where do you come up with this stuff...Do yourself a favor and Move on.... Your assumptions are annoying to say the least...Stick to your technical analysis and the Facts Shhsh.......
Comment by westcanpride on Mar 09, 2022 2:31pm
If you do not like my posts taal, block me! Good lord man, we are at a lower price now then when the bloody well was spudded in August 2021. Please, explain to me why that is? According to your post/mindset, money should be flowing into CGX since they discovered hydrocarbons. If anything, CGX is doing all the hard work finding the oil and is instead giving away the company bit by bit for ...more  
Comment by Schreibzey on Mar 09, 2022 3:30pm
Why that is, is because of a mixed NR without definitive language, combined with different kind of folks looking for a quick win and others who don't know anything, then you throw in shorts and a tight float and you've got yourself a rodeo. 
Comment by Miftee9 on Mar 09, 2022 4:20pm
WCP, it looks like you are assuming the worst case scenario.  Nobody has given away anything since the last rights offering.  We don't know that FEC is going to do another one, loan the money at a higher interest rate or JV.  So, yes, it sucks the price is lower and yes you have a valid reason not to trust management but as I have said before, they have the same goals you do ...more  
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