Top Bullboards post:
“The press release states PRE will loan CGX $30M immediately to provide CGX the necessary capital needs liquidity to pay off their remaining obligations for Eagle Shallow and see Jaguar through…So, in my opinion, everything hinders on Jaguar. If Jaguar hits - CGX shareholders will likely cancel the issuance of any new shares and merely just re-pay PRE the $30M loan at 13.75% interest. This is a good deal for CGX shareholders. Essentially, CGX is getting a $30M loan. How CGX is able to pay back PRE is dependent on Jaguar results.” From OIL_RUN on the CGX Energy (TSX: V.OYL, Stock Forum) board.
Top Bullboard:
CGX Energy (TSX: V.OYL, Stock Forum) received the most reads and second-most posts on a day its stock popped more than 29%.
Top blog:
thedave2006 outlines what he considers to be a decent gold play in Ghana in the Thedave2006 Investment Ideas blog.