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

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TSXV:OYL - Post Discussion

CGX Energy Inc > Wei

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Post by Toucan1234 on Oct 24, 2022 10:11am

Wei

So CGX and Frontera planning to drill the most exciting well in both of their history in the most prolific area in possibly the world.
The funds are there.
Very competent team to do the drilling.
High chance of success.
High oil prices.
Great demand for Guyana oil due to geopolitical situation.
Port showing progress.
Goverment very supportive.
Nobel Discoverer on its way/already here

So.......

Share price drops???
Go figure.

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Comment by JJJRRR on Oct 24, 2022 10:25am

WOW !!! Hard to believe that anyone would sell shares at this time. Stock market is a very strange creature!

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Comment by RightAngle45 on Oct 24, 2022 3:30pm

Yes it has a lot going for it right now. I have added more shares in the last couple months , all of it under a buck, and wish I could have bought more. It should be exciting times ahead. GLTA

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