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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 > WELL
View:
Post by CLOUDER on Jun 28, 2022 1:36pm

WELL

WE ALL  know that some thing has to happen here .  I say a merger say  100  cgx  for 1 fec,  is about right.   hey  don`t forget to get your seat  for that.
Comment by Duderrr on Jun 28, 2022 1:54pm
WHY are you here though?
Comment by CLOUDER on Jun 28, 2022 2:00pm
I AM ALWAYS HERE MAN.   sinse the gun boat.
Comment by Duderrr on Jun 28, 2022 4:48pm
Haha fair enough. You've been here WAYYY longer than me. A merger would still require a formal third party valuation (factoring in Kawa derisking Wei) plus majority of minority shareholder approval would also be required to avoid litigation. Your comment seems to be based on the current price/decline, but the selloff has been on very low volume (50K-200K daily vol. vs 70M public ...more  
Comment by chulo123 on Jun 28, 2022 2:15pm
It is a way to express nonconformity with OYL management and FEC performance with financial ITEMS  We just do not know anything about how to pay our bills We are just literally broken, but our principal shareholder has got its pockets full of money and they seem to smile looking OYL as that. --BROKEN-- No solution for us. It is that we are in FEC's hands.  And it is why the share ...more  
CGX Energy Inc
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