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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 > Todays AGM
View:
Comment by westcanpride on Aug 31, 2024 12:17am
Thank you so much t1ger for uploading this video. Perfect quality. Thank you also to everyone who attended in person and asked tough questions. I would have loved to attend but couldn’t do so (used the equivalent money saved on hotel, airfare and food to buy more shares instead today for what it’s worth).    Firstly, it’s clear Suresh is a very polished public speaker and knows how ...more  
Comment by Kelvin on Aug 31, 2024 12:35pm
Yeah wcp my buddy's father was a top broker for Burns Fry, back in the day, now part of the BMO group. When he retired people were offering him tens of thousands for his "book" of clients along with his recommendation. I remember one day he was talking about how many "polished" people have very little credibility. That's the real currency. Is the person believable? Gut ...more  
Comment by Dell1 on Aug 31, 2024 5:04am
I want to express my appreciation for posting the video from what was referred to as a “shareholders’ meeting,” though it felt more like an FYI session. In reality, unless you’re a major shareholder, these meetings often provide little insight beyond the official press releases. This year’s annual meeting was no different—very conservative and tight-lipped.   I can sense the frustration ...more  
Comment by IceDog13 on Aug 31, 2024 12:25pm
Dell1, Eco needs to drill at least one well by Jan 2026. Gill is currently looking for a partner to drill with. If he does not find one, they will lose the license as well. (Unless they find a partner to develop Jethro, they need a. Partner either way). Nothing sneaky there, no side deals, no preferential treatment. That is the timeline and requirements for them.
Comment by a2bman on Sep 03, 2024 8:08am
Dell I think your right wth the port priority, sadly.  I think the govt wants the port finished and its the only thing saving them right now.  If they bury CGX the port wont get done on the current location without plenty of time, money and litigation.  If it wasn't for the port being tied up in this, i'm not sure we would stilll be here.  Times running out, these ...more  
Comment by Rapsani on Sep 03, 2024 11:37am
Perhaps the rational has been in front of us all along. Immediate need for Guyana:  "deep" water port.  This will permit to import/export more goods and more economically from that region.  Also keep more business in Guyana if the oil exploration industry uses it.   It's an easy political win for Guyana once it's open. Reason why the block hasn't ...more  
Comment by Logiconly on Aug 31, 2024 6:05am
Thanks for posting the AGM video. Some great questions by the shareholders but as usual no answers provided by CGX. Wonder why we as shareholders allow the same directors to be elected year after year
Comment by Caribman on Sep 03, 2024 4:40pm
Zero good news for over 7 months now and CGX is in the Golden lane. This CO is the bad news bears of oil stocks. HMH
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