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CGX Energy Inc. Stock Symbol: OYL-X

Last Price Recorded: $0.0850 on 2017-09-25

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Date Signal Expert Opinion Price
2013-04-26 COMMENT Jaime Carrasco

Did a shareholder vote and Pacific Rubiales (PRE-T) will be assuming the management of the company. Drilling off the coast of Guyana. Got to about 1000 feet of the target. Because of gas creating a lot of pressure, they couldn’t finish the drilling. Potential is still there and could be a world-class discovery. Pretty good play going forward but it is risky and a speculation.


Price:
$0.115
Subject:
ENERGY, MATERIALS, UTILITIES & REITS
Bias:
BULLISH on GOLD
Owned:
Yes
2013-02-22 HOLD Jaime Carrasco

Company is stuck for now with the issue of reissuing licenses and they need to find money again. Have been in this predicament before and have always raised money. There is a possibility of a massive oil find just north of Guyana. The problem is that over the years they have diluted the stock but from the current price, it is still pretty high from what the possibility could be.


Price:
$0.145
Subject:
RESOURCE
Bias:
BULLISH on GOLD
Owned:
Yes
2012-07-13 COMMENT Jaime Carrasco (Market Call Minute.) He is cautious. If they don't find the oil, this is going to go down. If they find it you will be very well rewarded. Are you comfortable losing this money?
Price:
$0.430
Subject:
ENERGY, AGRICULTURE & PRECIOUS METALS
Bias:
CAUTIOUS
Owned:
Unknown
2012-06-15 COMMENT Jaime Carrasco Participated in this company since 1998. All along it was complete speculation. If they find the oil it will group and if they don’t it will go down. That last well they drilled was dry. They did the hole to meet a drilling commitment. They were able to raise money in this market when no one else could raise money. Results again in late summer.
Price:
$0.550
Subject:
ENERGY, AGRICULTURE & PRECIOUS METALS
Bias:
CAUTIOUS on GOLD
Owned:
Unknown
2012-04-27 HOLD Jaime Carrasco This venture is not about the level of the drill project but the amount of oil. Results will come out in August.
Price:
$0.770
Subject:
ENERGY, AGRICULTURE & PRECIOUS METALS
Bias:
BULLISH on GOLD
Owned:
Yes
2012-02-10 COMMENT Jaime Carrasco Currently drilling 2 wells in partnership but slated to start their own well very soon. Very big potential because they are in the Guyana basin. Could be a takeout candidate if they have a discovery. Speculative.
Price:
$1.320
Subject:
ENERGY, AGRICULTURE & PRECIOUS METALS
Bias:
OPTIMISTIC
Owned:
Yes
2011-11-30 COMMENT Eric Nuttall Very high risk, high reward name. Will be drilling a very high impact well off the coast of Guyana. Make sure it is a very small portion of your portfolio.
Price:
$1.060
Subject:
OIL & GAS
Bias:
BULL on OIL
Owned:
No
2011-11-11 TOP PICK Jaime Carrasco Oil. Drilling for elephants in northern South America. This company controls the 2nd biggest landholding of the whole play. There are a lot of big companies in the area. They should start drilling in the next couple of months. Has never seen anything with this kind of upside.
Price:
$0.920
Subject:
ENERGY, AGRICULTURE & PRECIOUS METALS
Bias:
BULLISH ON AGRICULTURE, ENERGY & PRECIOUS METALS
Owned:
Yes
2011-02-09 COMMENT Eric Nuttall Exploration offshore Suriname and Guyana. Set to drill their first super-super high impact wells in Q3. Market cap is already discounting a large degree of success. 90%-95% chance of failure. Doesn’t like pure exploration names but prefers companies that are cheap on existing production where he gets the upside for free.
Price:
$0.890
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
No
2009-12-07 COMMENT Glenn MacNeill, P.Eng. Have made some progress on getting close to drilling a well in Ghana. Very expensive. High/risk high/reward.
Price:
$1.160
Subject:
DIVIDEND & ENERGY STOCKS
Bias:
BEARISH on GAS
Owned:
No
2008-11-28 SPECULATIVE BUY Jaime Carrasco (Market Call Minute.) Unlike all the other juniors, they are sitting on a lot of resources.
Price:
$0.315
Subject:
RESOURCE & BRIC
Bias:
BULLISH
Owned:
Unknown
2008-05-14 WEAK BUY Jonathan Baird Prospecting for offshore oil in Guiana. There was a border dispute between Guiana and Suriname that affected their holdings. Settled favourably and stock shot up but has since pulled back. Holdings are deemed to be highly prospective with a potential for billions of barrels of oil eventually. Still early days. Doesn't expect much production before 2012. Very attractive risk/reward holding.
Price:
$2.850
Subject:
RESOURCE - SMALL CAP
Bias:
UNKNOWN
Owned:
Unknown
2008-02-21 HOLD Michael Smedley (Market Call Minute.) Very interesting as they have now won through all the political rigmarole for starting work offshore Guyana.
Price:
$3.420
Subject:
CANADIAN
Bias:
BULLISH on ENERGY
Owned:
Unknown
2008-02-04 DON'T BUY Alex Ruus Have offshore property in Guiana and the prospect is absolutely massive. Very exciting story, but this is one of those stocks that has an all right balance sheet but not even close to what it will cost to drill some exploration wells. Will have to strike a deal with a major. Looking pretty pricey. Consider taking some profit.
Price:
$3.650
Subject:
NORTH AMERICAN
Bias:
SELECTIVE
Owned:
No
2004-07-30 BUY Alex Squires Just raised some money and will be undertaking a 6 well program.
Price:
$0.630
Subject:
SMALL CAPS
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 15 entries

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