Welcome To The CGX Energy Inc HUB On AGORACOM

Edit this title from the Fast Facts Section

Free
Message: Another screw up?

Well Guys, I am in the same boat as you. I have a HUGE stake here and averaged down so much. A little better shape in that I averaged down to $1.60/share but that is still a far ways away from 12c! Yeesh. What a joke. The only saving grace right now is that somehow they have not gone bankrupt even though they do not even have the concessions assigned to them right now. Almost a year since Corentyne was ended and still not renewed. SOMETHING is keeping this company alive on fumes and I am still inhaling those fumes praying a miracle happens and the SP nears my $1.60 average. I also had a fair bit in TFSA so no tax loss but I would need a lot of gains to make use of the loss I will feel if this goes under. Fingers and toes crossed. Not much else we can do but wait. As we saw when Exxon hit. If there is great news, this can fly. It went to $2 on Exxon news alone so you just never know...

Share
New Message
Please login to post a reply