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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

TSXV:OYL - Post Discussion

CGX Energy Inc > Re Ermsop
View:
Post by taal on Apr 25, 2022 2:21pm

Re Ermsop

They might dilute at .50 No one has a clue...No You don't have a Clue....Last offering at $1.63 before Kawa...now after that discovery they'll do the next raise at .50 Where do you come up with this Sh...t Soon enough we will have details of Kawa and then our share price will reflect the results... .
Comment by Ermosp on Apr 25, 2022 5:20pm
I didn't say they will. I said they may as in Fronterra can absolutely choose to offer and accept a loan at any value it desires. It probably has to stick close to trending share price but we're already near $1  USD. If we go lower, then sure why not $.80 or $.70 or lower.What protects us from that possibility? i'd be happy to know if there is protection built into canadian ...more  
CGX Energy Inc