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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 > Lol. Uninformed. …
View:
Post by Frank007 on Aug 10, 2023 9:51am

Lol. Uninformed. …

The corentyne asset alone is worth about 5 bilion  u s $ .....do the math ...divide that by the 85 milion shares and see what you get ..without ever drilling another well ....lol
Comment by soulfire on Aug 10, 2023 9:58am
Plus the other 25 targets. Once the geology is proven, I don't think they need to drill every target to derisk. Point taken Frank007
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