CGX Energy Inc V.OYL

Question: about liquidity

[Coloradobuff]

If oil majors know CGX has no money why wouldn't they wait until they are bled dry and buy the scraps? 

the alternative is maybe get in first at a cheaper price?

thoughts from the group.

[Dirksidetrack]

Colorado, Because, from what I've read on this board, CGX has a strategic asset on the asset side of its balance sheet which is political capital which nobody knows how to quantify or value. But everybody knows that it's worth a lot.That political capital might simply evaporate if anybody took a hostile run at CGX. Yet I'm wondering if there are limits to the political capital that CGX

[jada13]

Thx,very well wrote and explained .

[stark15]

Dirk explains this well...... Anyone who has followed CGX since the gun boat days (and i have, along with many) know that this company has survived countless hurdles that would have killed most all other junior exploration companies long ago.....and let me add, junior exploration company with ZERO revenue! U have to ask yourself....how is this even possible?  CGX does or did have strong

[Miftee9]

100% 

[Coloradobuff]

I have been watching for 20 years as well my thoughts were based on since there is no deal maybe the partners are trying to negotiate knowing CGX has low liquidity. I am not trying to predict anything here as everything that has happened for 20+ years has not been the norm. Definitely no offence taken. That's what this board is about, to discuss ideas, and good food and wine choices while

[stark15]

YES, definitely NO offence meant to u colorado...... Pls feel free to message me on the food and wine choices, lol!!

[Coloradobuff]

anytime haha enjoying Pilsner and California reds these days

[Miftee9]

Colorado - the competitive tension of having more than one party at the table will offset the liquidity issue

[Coloradobuff]

Thanks dirk and all! Appreciate the thoughts :)