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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 > Not suprised I suppose…
View:
Post by westcanpride on Jan 29, 2024 10:26am

Not suprised I suppose…

No deal for either the port or Coreyne has occurred yet. 

It was Christmas holidays after all just recently. I'm sure everyone in CGX and Frontera took extra long, and well deserved (in their minds), vacations. 

Upon returning from Christmas, I'm sure many of these same folks spent time with their financial advisers celebrating their portfolio success and looking at ways of optimizing for 2024. Much of this optimization includes grifting their shareholders for massive salaries. These are worth a lot to these bums for doing nothing in return... the actual stocks they could own are just extras. Takes effort to ensure the process does not change! 

Plus, over January, we have had NFL football, Australian Open, NHL/NBA games, Presidental election campaigns, etc... more than enough to keep these guys occupied during the day.

so yeah, not shocked nothing has occurred. Plus February has many extra activities ongoing.... and given many kids are in school, popular destination locations are probably less hectic. No way these guys in CGX/FEC don't take advantage.

Towards end of February I'm sure both companies might come together and half as*s a year end news release. But still many weeks before then!

Comment by Kelvin on Jan 29, 2024 11:36am
Wcp, My favourite news outlet is Firstpost with Palki Sharma from India. Btw, she says that Canadian foreign policy is being run by Singh who has a hate on for India and who has so much influence because he is the one keeping Trudeau in power. The latest Singh aggression against India was last week when Canada announced that it is investigating India for Canadian election meddling. Anyway, in one ...more  
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