Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Management Circular
View:
Post by westcanpride on Jun 30, 2022 10:09am

Management Circular

I strongly encourage everyone to read the recent management cicrular posted on SEDAR... well maybe not if you wish to keep some sanity. 

Irregardless of how CGX stock unfolds, these senior leadership folks in CGX are getting paid an absolute killing in base salaries and additional perks and still walk away massive winners. For a company that has only drilled one well in over a decade, has absolutely no profit, etc, its crinimal how much these guys are compensated. They literally do treat the company like a cash register. And the joke that someone like Suresh needs to be compensated well to be kept around is completely laughable... the man is completely worthless at his job.

I am hopeful one day I can achieve such a lofty status in life to suck at my job so much that I could still get paid like a King, like these losers in CGX.
Comment by Miftee9 on Jun 30, 2022 10:49am
You're 100% correct WCP.  That is just management though.  They have put together an impressive operations team and hopefully, they will lead us to success, raise the price significantly and we can all get out.  For us longs, we have suffered long enough.  Drilling of Wei cannot come soon enough.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities