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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 > Investment
View:
Post by Toucan1234 on Sep 30, 2022 11:22am

Investment

So far Frontera has invested about 500M in CGX. If Kawa was a test for the fringes and was not a success
they would not proceed to Wei and quit while ahead.
So it would appear that the go ahead is all green.
Comment by BoykJurko11 on Oct 01, 2022 2:56pm
I stick to my thesis that I posted a few weeks ago. Big money investors invested in oyl have the money to hire their own oil and gas experts, many of which might have inside info. They already know that Kawa was successful and that Wei will finally nail it. That's why no shorts are taking a run at cgx now. The longs will quickly take out their asks. Equilibroum seems to be about 90 cents ...more  
CGX Energy Inc
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