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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 > I have said before
View:
Post by soulfire on May 11, 2022 11:49am

I have said before

I believe in what's in the ground, but what's above ground is up for debate.
Comment by YancyDerringer on May 11, 2022 11:55am
Soulfire I agree, your right! :)YD
Comment by SportyJ on May 11, 2022 12:14pm
Soul, humor is good and your post is an instant classic! Stark, I dont think some are questioning the demise of Cgx the corporate entity. It's the Cgx common shareholder that's in question. Companies reverse split (like Cgx did), emerge from bankruptcy (sometimes more than once), issue tons of new shares, issue convertible debt securities etc etc and companies survive. Citing Cgx's ...more  
Comment by stark15 on May 11, 2022 3:17pm
Sportyj.....i quite agree with most of what u said.....imho though, i think the health of the corporate entity and a shareholder like me go hand in hand, no? Imho, and i do think most if not all longs feel this way.....its NEVER been about, "if i invested $1000 in 1999 in CGX what would it be worth now?'.....it was/is more about the potential this company has ALWAYS had, hence the ...more  
Comment by SportyJ on May 11, 2022 3:28pm
Stark, fair enough. We shall wait and see. Speaking of waiting, where's WS? Glta
Comment by soulfire on May 11, 2022 3:38pm
Hope you're correct stark15 The one thing I know is that we have oil. However the same inept people run the show and that's not going to change anytime soon. I truly believe this is our downfall. Suresh doesn't know squat about oil and gas or finance, thus the dependence on Frontera. He has been their puppet all along. I just hope by some miracle we get a JV.
Comment by stark15 on May 11, 2022 8:23pm
Soul.....appreciate your opinion so i am asking.... if u truly believe this is our downfall.....are u selling your shares at this point.....or seeing how it plays out?
Comment by soulfire on May 12, 2022 7:48am
Stark check inbox please
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