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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 > It's what they are not saying
View:
Post by YancyDerringer on Jan 06, 2023 9:55am

It's what they are not saying

I see this stock hitting upwards of $5-7 US before the drill bit hits the ocean floor! :)YD
Comment by Schreibzey on Jan 06, 2023 11:14am
Not throwing shade, but how do you support that? 
Comment by YancyDerringer on Jan 06, 2023 11:30am
It would be a long and complicated answer. The short answer is that are many forces at play in Guyana over it's oil industrial plant which is in it's infant stag. India, China, Arab nations all want a share. Guyana has recently held auctions on it's open concessions, there is bidding on the oil refinery. The estimate of $5-7 US may be too cheap. We could be bought out or some ...more  
Comment by westcanpride on Jan 06, 2023 1:47pm
Hi Yancy, "long and complicated answer"... I think most folks who own CGX would appreciate a bit more clarity into your thought process around $5-7 USD/share in the coming weeks.  At its peak in early Feb 2022, CGX briefly touched $3.5 USD ($4.53 CAD)... and that was with tremendous buying volume (over 2 million on the TSX alone that memorable Feb morning followinf news release ...more  
Comment by Mbxwatcher on Jan 06, 2023 2:49pm
Its wishful thinking i quite enjoy............immediately did the math:)
Comment by AnMar on Jan 06, 2023 4:01pm
You forgot to mention that CGX now has ~half the participating interest in this next drill.
Comment by AnMar on Jan 06, 2023 3:58pm
what a load of fantastical nonsense - just looks like pumping to me. And the dreamers already gave you 3 thumbs up. Keep it real man.
Comment by YancyDerringer on Jan 22, 2023 1:24pm
I posted this a couple weeks back $5-7 US on 1/6/23 and was laugh at by some of you. Now you are embracing $7.80. Ha Idiots.:)YD
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