LGX Oil + Gas Inc ROAOF

RE:RE:RE:RE: Interesting

[zagorske]

          Yes, what is known for sure here is not much but by the time we do know for sure it will be too late to buy. Are you aware that NLR2 and I were discussing the second well that was drilled in 2013 and not the two 2014 wells. I do not see how the second 2013 well (10-15) could produce anything until they do the horiz. leg. Yes I fully expected that both 2014 wells would be producing something since their exit production estimate was for 1500 BOE/d. We just do not know how successful the two 2014 wells are. (gushers?? like 14-2)                                                             
                                                                                                                                      
           I did not find it difficult to by more shares at these prices. My thinking is that even a sacrifice sale of Manyberries would net them enough cash to fully pay off the debt that they have.             
                                                                                                                        
           I also own LEG and the volume has been nothing short of bombastic.  39 million shares will trade this week and for the last 21 weeks there have been 423 million shares traded.                    
                                                                                                             
           I can not relate to this much volume on a stock with only(?) 200 million shares outstanding.