Post by
Frank007 on Dec 01, 2022 9:01am
Cgx verses frontera
My rough calculation of the value of my lottery ticket goes like this.....the ticket is only on wei and the port project.....frontera own and contols cgx....corentyn 92% with its ownership of cgx shares....soooooo cgx @ $1 Frontera should be at $12. Just on the guyana position ....all the other frontera assets are yours for free !!!
Comment by
stark15 on Dec 02, 2022 1:13pm
currently CGX @$1, Fec @<$11 and falling.... CGX shareholders will make more $$$ than Fec holders......CGX doesnt have other lousy assets bringing them down.....cgx shareholders have higher volume of share holdings because average buy in's are no where near the $5+, $6+, $7+ buy in's for FEC. Both will make good money.....u will make MORE with CGX, lol......
Comment by
Rdjfarms on Dec 04, 2022 6:33pm
I think your wrong on this for one simple reason of the loans FEC has made to CGX secured by all of CGXs assets. FEC keeps dilluting other shareholders of CGX through share purchases under the rights offering and loans to CGX. I could be wrong too...but I really think current CGX share owners will get dilluted out by FEC.