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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 > BoykJurko11 - Roll of the Dice
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Post by Phantomblogger on Jan 15, 2023 7:02pm

BoykJurko11 - Roll of the Dice

Good evening BoykJurko11,
Thank you for your graceful response.
Talking about rolling the dice: Some years ago, a vehicle of mine was stolen but eventually found by the police and returned to me. I gave it away to my mechanic!
About three years after, I was driving a brand new vehicle, fully loaded vehicle, when a driver ran through a red light and ploughed into my vehicle and another vehicle. I insisted that the insurance pay me off for the brand new vehicle. And so it was! Our friend the insect will call that a (Tudka)!
So friend, this better than all rigs on planet earth, has been in accidents two times out of two times! But everyone continue to sing its praises! is there no such thing as a Tudka?
While Exxon continues to drill in deeper waters and continue to hit successful well after well!
Thanks for the plug though!
Yes, I keep all my fingers crossed in the hope that this rig will soon become the luck of a lifetime!
If that's not hopium, wonder what is?
Well, I still hold my shares while the CGX leaders, headed by the same agent from Frontera and Catalyst, reduce the value of the company by more than 50%. i.e. (from 68% WI to 32 WI); Relinquished all the other prospects.
Tell me this, how come we've discovered more than 200 million barreles of oil, but we can't hold Frontera to cough up some serious money? What's wrong with this picture?
I still hold my shares, which I should have sold at 3.69 when I has the chance! Remeber all the hoopla until we heard something else?
Thank you BoykJurko11!
Comment by BoykJurko11 on Jan 15, 2023 7:54pm
Phantom below is a conversation I had with my good friend, retired company man from Alberta. We were talking about why rigs aren't lasting like they used to. Exxon has no problems? Lol. Everybody has equipment failure problems. And they're expensive problems too. Maybe if people want perfect then they shouldn't be invested in offshore plays and invest in something less complex like ...more  
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