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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 > Don,t be stupid …
View:
Post by Frank007 on Nov 22, 2023 2:34pm

Don,t be stupid …

Frontera payed $1.61 per share for the kawa well.......when and I mean when the cgx stock goes back to $2 .....think about the value in fronter ....it's 500,000,000 in frontera asset base ........no this is a controlled shake out ....so hang in there or buy a few more shares here ......heck Lacey was given 400,000 shares @ $.49 cents    Way back ......maybe if he was on   It.     Dumped them ......but this does stink for sure ......but just what else could be going on here..?
Comment by Harel1976 on Nov 23, 2023 10:29am
Sorry for your loss, cgx made it look like they got something that can pull them out of the mud but now you know they dont! Not only they are not commercial, the cost of a well proved to be too expensive to attract a farm-inee. In 2 years they are out of business, on the way they will lloose the port and they still havent hit the bootom short term, so its bad investment short term and total loss ...more  
Comment by Harel1976 on Nov 23, 2023 10:35am
If i am to guess, frontera will merge cgx in, you will get frontera shares instead but this time the interest of frontera wont be to keep the sp artificially high but to kick it as down as they can, it will take some time, but they can crash cgx easily and swallow them for peanuts, be aware.... 
Comment by Strawboss1 on Nov 23, 2023 11:44am
I am not saying that  you are not correct in what you are stating, but are you privy to information that we are not, or is this pure speculation, It would appear as a matter of fact.?
Comment by Harel1976 on Nov 23, 2023 11:46am
All the information is out in the open, this is jmho. 
Comment by Strawboss1 on Nov 23, 2023 11:53am
Ok can you tell me where this information is posted please ?
Comment by Harel1976 on Nov 23, 2023 12:15pm
Please point what fact you think was not rns'd
Comment by Strawboss1 on Nov 23, 2023 1:00pm
Every thing you stated here in your post ?
Comment by jtdd on Nov 23, 2023 2:34pm
Don't waste your time with Harel, he is an ignorant basher with nothing else better to do!
Comment by Harel1976 on Nov 23, 2023 2:42pm
Its a shame you think that, if you gave me more credit you could have saved 3 quarters of your money...  Good luck with the last one... 
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