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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 > U r right
View:
Post by Frank007 on Jan 13, 2023 3:06pm

U r right

But between now and then      What manipulation ...yikes.    Bought some more frontera and cgx ...hard to believe the rig is almost there and no buyers of either stock ....except me by the looks of it ....lol
Comment by BoykJurko11 on Jan 13, 2023 3:32pm
Yeah on Kawa it shot up to about $2.70 just before spud and then drifted down. The rights offering was announced Sept 23 2021, if memory serves followed by a NR that they had reached close to 10,000 feet TVD, top of Upper Cretaceous, with formations coming in on depth as prognosed. I expected a big jump up as they drilled into the Campanian soon after the NR. The sp drifted down instead.  So ...more  
Comment by stark15 on Jan 14, 2023 1:46pm
Boykjurko11.....we actually didnt get to $2.70 before Kawa spud.....Kawa spud was Aug 23rd last year...sp was at $2.26.....drifted lower to .88 on dec 15....then a nice incline to $2.84 Jan 31st halt....spiked to $4.53 and started its decline from there, sadly! One thing u mentioned that imho is 100%, its difficult when to get in and out!  I was lucky to sell a small chunk of shares at $4.20 ...more  
Comment by BoykJurko11 on Jan 14, 2023 3:38pm
Stark, thanks for the clarification. My long term memory is failing me as I get older. I@m closing in on 70 years old. But I still have clear in my mind the dynamics, the working picture, even if the details or data points are fuzzy. Here's my working theory: De Alba contracted about the two best geophysicists on the planet to identify targets. One is Jennifer Budlong, the other is Mark ...more  
Comment by Schreibzey on Jan 14, 2023 4:32pm
So I guess it's good Jenny still has her options!
Comment by BoykJurko11 on Jan 14, 2023 4:36pm
Yep she's maximizing the value that she adds. Who would begrudge her that? 
Comment by stark15 on Jan 14, 2023 4:53pm
VERY good theory!   Imho, those 2 talented people picked the best spot....and others, MANY others are starting to take notice!  I believe many on this board, including OilRun think they r right on! If Wei is that channel u speak of.....the 'lakes' Exxon has found lead to our 'ocean' of oil !!! lol GLTA!!!!!!!!!
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