CGX Energy Inc V.OYL

Management

[westcanpride]

Probably thinks all the negative online news articles, government anger and shareholder dissatisfaction (if they read the message boards!) is probably funny! 

Our management team makes millions each year in base salaries.... like they care what anyone else thinks. They have underdelivered on everything they have laid their hands on and they still walk around with a sense of arrogance.

If the share price goes up and their stock options become valuable, they certainly won't complain... but these bums still walk away millionaires irregardless of actual results! That in itself is pretty remarkable!

[SheDrills]

CGX Energy is a lifestyle company that by sheer luck managed to hang onto some great acreage....the issue we investors face now is whether or not they have the competence to negotiate a buyout or at least hire someone who does. Buyout has always been the prize here which is why Frontera continues to nibble away at them.  Frontera sees the prize potential and is wants the glory of that deal.

[a2bman]

SD I agree, and your last point is the main reason I'm still long.  FEC/OYL could have done financings for the drilling but they chose to hold ii tight. If they have something they're probably, and I hope, waiting for sept. to release it.  No point in releasing it during summer doldrums.

[westcanpride]

CGX Management will continue to do what it always has with Frontera.... get on its hands and knees and do whatever the hell Frontera demands of them. It's been this way for years and the rape job is almost complete. Frontera has even gone as far to insert guys like Sanchez (CFO), De Alba (co-chairman), and Cabrales (director) to ensure the destruction of CGX goes exactly to plan. Conflict of

[Strawboss1]

It would b interesting to hear what oil_run has to say now.??