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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 > My opinion only
View:
Post by Milli77 on Aug 09, 2024 7:56am

My opinion only

Piece Stockhouse fam! Its been a while since I posted anything here but I just had my morning toke and had a thought.lol.  What if cgx/fec already have a deal in the works and the government knows that it's  better then expected and wants a bigger slice of the pie. So they hold their license hostage.  Again not accusing anyone just my thoughts. I think im just grasping now. Lol
Enjoy your day.
Comment by SheDrills on Aug 09, 2024 8:46am
I think any information that gets in Guyana government hands leak...more than likely any potential deal is further delayed until after an extension and associated terms are concrete.
Comment by Milli77 on Aug 09, 2024 12:08pm
 You're probably right, SheDrills. It's been over 11yrs for me and I'm just tired and want this to come to an end, hopefully with a deal.  Goodluck to you and everyone invested in CGX. 
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