LGX Oil + Gas Inc ROAOF

RE:RE:RE:still puzzling who s selling

[CaptainBigDaddy]

This is my first post here as well....don't know if it is true you have 1.1% of the common stock (BS is rampant here as elsewhere in life) but I admire your sentiment if nothing else.

It is my understanding that LGX has to drill 2 new wells on the Blood Reserve Lands for 2014 and again for 2015 in order to keep their acreage.  That is probably why they are putting their money (at $6 - 7 million per new well) into the new wells -- rather than re-working older wells.  They can drill vertical wells to keep their land -- but they are drilling horizontal wells for 2014 and going after the oil that seems to be there.

TORC is devoting 25% of its capital budget for 2014 into their Monarch drilling,.. even though the run up in their stock is because of their Torquay stuff.

TORC also has the LGX well as part of its presentation on its discussion of Monarch....on TORC's website.

TORC has a market cap of $1.4 billion.  LGX is what? - $45 million?

TORC'S stock has taken off....and maybe its just me, but I can see TORC acquiring LGX at some point in the future -- maybe at $1 per share in stock for stock....

LGX is so small that nobody big can or wants to play here.....but I also believe in the stock and if LGX can keep its land.....and if TORC can continue to prove out and develop the Monarch area.....at some poin in the future we all may be TORC shareholders.

Best to all.