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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
Comment by TO1on Mar 07, 2008 10:10am
475 Views
Post# 14613545

RE: WTF???? WTF???? WTF???? IS GOING ON???

RE: WTF???? WTF???? WTF???? IS GOING ON???"I'M CALLING THE SEC AND THE RCMP" SEC? They have no juristiction in Canadian markets. Their American. RCMP do not regulate markets so good luck calling them. The oil price is slightly lower today and the CAD$ is way up against the $US. What do you expect. Oil in CAD$ dollars this morning is worth less money than it was yesterday, so all oil companies are making less money today in CAD$ terms. Add in the markets are down and you get what you get. Its not all about finding and producing oil. There are always other factors to look at when coming up with the SP of an energy company.
Bullboard Posts