CGX Energy Inc V.OYL

Current Market Cap $238MM CAD

[westcanpride]

As a comparable, Kawa-1 ended up costing ~$183 MM CAD ($141MM USD). 

As a comparable, CGX did a bridge loan with Frontera last October for $73 MM CAD (~$58MM USD) at a subscription price of $1.63. At the time, CGX market cap was worth ~$469 MM CAD... or in other words, CGX is worth almost 50% less today. 

End of day, it really does not matter how many options all these senior management folks have. Yes, one could argue that their efforts and end goals are tied to their final payout. But let's be real... that actually would require these fools to have functioning brain steams and ability to make a deal happen. As comparables, look at how many coaches and GM's in professional sports blow glorious opportunities with generational talents at their disposals. Look at how many folks in life squander golden opportunities (jobs, marriages, life savings, etc) due to stupid moves. Guess my point is, these idiots in CGX and Frontera were literally gifted the geological basin of a lifetime and they are in essence piss*ng it down the tube. The current market cap and "strategic" moves over the past couple years truly do suggest they have no bloody clue what in the hell they are doing either. Truly a sad sight to see on countless fronts.

[tkloebs]

i dont see a single positive post or at least positive outlook on your long history of oyl posts... just sell your shares and move to another company that makes every correct move youd wish OYL management made.  We get your view. We dont need to see it everyday. noone forced you to buy and noones holding you from selling.  GL all

[stark15]

tkloebs.....HERE HERE!!!!!!!!!!  BRAVO !!!!!!!!!!!

[Phantomblogger]

tkloebs, so you're the new Johnny-Come-Lately who wants to insult WCP, who is one of the most knowledgeable on these boards. WCP and Dirksidetrack are in a league of respect, in regards their experience in the oil industry. You should go back and re-read all his posts, and you'll learn a lot, especially with your plan to make a quick few pennies in your present oil trade in OYL; both WCP

[Dirksidetrack]

Phantom, been at the beach and into the rum today so this is stream of consciousness stuff without thinking much about it. Don't know about WCP but for me there's not enough info for which to base an investment decision on. I focus more on what's not being said.Like suppose that Repsol reports in September "Took a 16.5 ppg kick in Upper Campanian, formation fluids light, sweet oil