CGX Energy Inc V.OYL

Some more Interesting Stuff

[kcac1]

This article from Forbes in 2017 is really a joke, after almost ten years they are hopefully doing what they should have done in the first place with PRE. Break it up and sell the parts. Can you beleive that de Alba got an award for this deal when he converted PRE into FEC?. I might add the market cap 5 years ago for FEC is almost identical to today's market cap. So  much for enhancing shareholder value, which is another Catlayst guiding principle..

From Clunker To Hot Rod: Catalyst Catalyzes The Former Pacific E&P (forbes.com)

I might also mention that Catalyst has suprisingly updated its corporate presentation.. With Honesty and transparency mentioned as one of thier guiding principles.  And in their describing their portfolio, in the revised writeup on on Frontera they no longer mention interests in Guyana. This is a change with the updated presentation where they has mentioned exciting exploration interests in Guyana.

"Frontera Energy Corp. is a Canadian public company and a leading explorer and producer of crude oil and natural gas, with operations focused in Latin America. The Company has a diversified portfolio of assets with interests in more than 25 exploration and production blocks in Colombia and Peru. The Company’s strategy is focused on sustainable growth in production & reserves and cash generation."

Catalyst Capital | Private Investment Company - US & Canada | Home (catcapital.com)

[Frank007]

That too is a lie .....complete misdirection for some reason...Frontera has nothing in Peru exept a tank with some oil to be sold ...they are partners with Geopark in a 50/50 project in Equidor.that is producing ...this is a scam manipulated company ...!!! 

[westcanpride]

It's a good post kcac.  End of day, FECs current market cap is ~$650 million cad. They spent more than that in Guyana on two wells, Corentyne WI, CGX shares, etc.... and have absolutely nothing to show for it.  Additionally, a lot of money has also been spent buying back over 20 million FEC shares in the past 5 yrs (well over $100 million cad).  I'm not sure what

[Frank007]

It's a nightmare for sure ,...but that is what the crooks are trying to show ...everyone with shares in cgx or fec are waiting for the corentyene developement plan ...I still say and am continuing to buy ...that this is a ten bagger under a shake out ...the assets Iin Colombia alone are double the market cap ...so sell out and get lost as I will buy all your shares at this price ....!