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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 > Best guess: News release early next week
View:
Post by westcanpride on Apr 14, 2022 12:38pm

Best guess: News release early next week

Likely Tuesday, or Easter Monday if they want to catch some folks off guard (wouldn't suprise me). 

My reasoning... today's trading is interesting... more trading than normal, and more importantly everytime a big wall gets taken out, a new one magically appears (20-40k at a time)... or stink bids keep appearing. I think the end is nearing to this horrific plunge in share price. Hopefully we get something valuable released. 

I also like Oil Run's reference to the other CGX/Frontera staff. As useless as Suresh and De Alba have been, these other senior technical staff members should also have a spine I hope. You do not go and work for a tiny junior company like CGX (or even Frontera for that matter) without the hope of a massive pay day (something that Guyana offers). If these staff members cannot show courage to speak up and demand better actions/results from senior management, then they deserve to never find work again either IMO. Time for everyone in these two companies to show some resolve and demand better.
Comment by Schreibzey on Apr 14, 2022 2:00pm
Interestingly enough, both houses (#1 and #79 that have ran stops, been short, proven over months are both net positive this week - leading the pack. Together, they're net buyers of 200k shares. 
Comment by Horsemanjdt on Apr 15, 2022 3:14pm
Thanks 
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