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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 > Re Frustrated
View:
Post by taal on Nov 02, 2023 12:59am

Re Frustrated

Soul can't disagree with you there...Suresh gave away cgx for a pittance but I don't think it was incompetence but more so that he was bought and paid for by Fronterra to do thier bidding for them...Minority shareholders always ....ALWAYS end up with the scraps...Just the way the game is played....OSC is a joke...no protection for the little guy...At least we can say that long term shareholders were allowed  to purchase equal amount of shares through rights offering at $.25...I still refer back to Fronterra guaranteeing themselves 99%of the last rights offering where they forked out .$75 million to purchase  shares at $1.63....You just don't make that kind of investment..blind...They know much more than we do...Hang in all ..I really think we will all make out ok......GLTA
Comment by Profittaker on Nov 02, 2023 8:11am
I completely agree with your thoughts on Suresh. Why in the world would he command a salary of over$500,000???? This is all a complete sham. You said it best he is bought and paid for by Frontera. He just needs to play ball with them and he gets to Ride along and continue to collect his fat salary. This is so obvious to me.
Comment by soulfire on Nov 02, 2023 8:48am
Exactly, the useful idiot! FEC is using his inexperience AGAINST US minority shareholders.
Comment by Strawboss1 on Nov 02, 2023 10:45am
I am telling you Suresh is FEC 's running dummy, its as simple as that.
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