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LGX Oil + Gas Inc ROAOF

LGX Oil & Gas Inc is a junior oil and gas company. The company is engaged in the acquisition, exploration, development, and production of oil and gas properties. Its projects are in Southern Alberta. The company invests in all types of energy business-related assets, including petroleum and natural gas-related assets, gathering, processing, and transportation assets located in Western Canada. LGX is dedicated to delivering growth in reserves and production for its investors through land acquisition, exploration, and development of oil and natural gas resources.


GREY:ROAOF - Post by User

Bullboard Posts
Post by KeithR39on Dec 24, 2006 3:40pm
353 Views
Post# 11919086

So good4t...

So good4t...You seem to admit today that $3 cash flow/shr is a reality. That's a progress... So, your argue comes down to the speculative nature of the reserves replacement. FOR THE RECORD I did bet that Art and his team would put Brenda into production about 18 months ago when the stock was down to $2.20 and today I could say I enjoy a nice position at $7. I may add that you are negative on the stock since that $2.20 mark, which gives you a not very good track record... NOW 1- You bet that there will be no reserves replacement. 2- I say: Art will start 2 more productions before end of 2007. Fair enough to me, now let see what time will tell...
Bullboard Posts