This thread is created for anyone to share their thoughts on this Canadian company.
Address: CGX Energy Inc. 120 Adelaide St. West, #512 Toronto, Ontario Canada M5H 1T1
Phone: 416-364-5569 Fax: 416-364-5400 Email: info@cgxenergy.com
Trades on the Canadian Dealing Network in U.S. funds Symbol: cgxx.u
Shares Outstanding: 26,784,981 Fully Diluted: 29,358,021
Currently trading at: $1.28US as of close June 30, 1999
You can view the stock price at: www.canada-stockwatch.com
CGX has a 100% ownership in an oil and gas concession covering 4.5 million acres in Guyana. According to a seismic survey, this has a potential to produce 1.6 billion barrels of oil and gas.
This information can be found on CGX webpage www.cgxenergy.com
What potential does this mean for the company and its stock prices? Does the company have enough capital to continue? Energy prices are forecasted to continue going up, what does that mean for this company? Will their be joint ventures? Are their plans to list on a more senior exchange, whether it be TSE, or Nasdaq?
Remember always do your own DD, its your money!!
LEEP |