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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 > Management and Sp.
View:
Post by p012105 on Jan 18, 2023 1:48pm

Management and Sp.

Management do not have interest to have sp up why should you?
Comment by Mbxwatcher on Jan 18, 2023 1:51pm
The short answer to that question is because I bought shares.
Comment by soulfire on Jan 18, 2023 2:40pm
good answer Mbx
Comment by BoykJurko11 on Jan 18, 2023 7:14pm
The obvious question: Why do you think that management has no interest in oyl shares going up? After all the root assumption everybody is making is that it's in fec's best interests that cgx sp does well. I can't envision how it's in fec's best interests that cgx, at the extreme limit of your thesis, goes banktupt. Please explain. 
Comment by Frank007 on Jan 18, 2023 7:46pm
This is no a pump a nd dump ....the management know the story ....you can expect them to act in their own interest first ... if a trading frenzy ensues it is not in theirs or our interest ....slow and steady is ....
Comment by BoykJurko11 on Jan 18, 2023 7:54pm
Of course it's no pump snd dump. It is what it is. Everybody knows thst we don't know what it is yet. But soon enough, we'll know. Those who are saying that it's this or that csnnot justify their clsims because nobody kniws what it is until they drill the well.
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