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LGX Oil + Gas Inc ROAOF

Energy Oil & Gas E&P
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

LGX Oil + Gas Inc
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Comment by zagorskeon Jan 29, 2015 1:27am
98 Views
Post# 23375705

RE:RE:RE:RE:RE:Nom Nom

RE:RE:RE:RE:RE:Nom Nom        I will look forward to your report as I am sure we will still be waiting. What worries me most about the "best interests" question is the fact that neither management nor members of the board are substantial holders of the shares of LGX. Hopefully Mr. Miller with his 10% holding will have enough influence to ensure fair treatment to the shareholders.                                                    
                                                                                                                                             
      LEGACY owns a lot of shares of LGX but relative to their NET DEBT any sale of LGX would not have even a miniscule beneficiary effect on them.                                                                                
                                                                                                                             
      Until oil prices turn their is little to hope for in the oil patch.                                                
 
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Dealroom for high-potential pre-IPO opportunities