Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 grommeton May 23, 2002 4:35am
64 Views
Post# 5138145

RE: no brain surgeons or rocket scientists here

RE: no brain surgeons or rocket scientists hereWith all the incisive analysis by brainiacs such as MPJ, grommett, etc, etc, what is an informed investor to do? Cprom my friend, you obviously don't follow the flow of the thread or you'd understand that we're just a bunch of simple shareholders trying to amuse ourselves while we wait for the almighty one to make a move. Obviously all the respondents in this room should pool their resources and send a representative to Washington and Baghdad to get this prospective "company maker" opportunity off high center. It is clear that Mr. Millholland has done very little to cure the Middle Eastern geopolitics that keeps UN sanctions from being lifted. I suspect that grommett or MPJ could be a valuable emissary to negotiate the ending of these UN sanctions. Obviously we don't expect Art to solve the problems in the Middle East, what a stupid comment. They have obviously cobbled together some more cogent ideas than Mr. Millholland. I suppose it is they that have been awarded lifting contracts and have such good contacts both in Washington and Iraq. And even if they could negotiate new lifting contracts, I suspect that they would continue to market these contracts at a loss if the margins were miniscule....just so they could say that they lifted crude! That kind of brilliant business acumen just isn't available on every street corner. oh come on now Cprom, nobody questions Art's political connections. Let's talk about the ego that put a tanker on the annual report cover 2 years ago and a tanker in the middle of the desert last year. Gee, I wonder why expectation are high surrounding Iraq. Now we get the North Sea. I hope it all comes together or we'll have you back here scolding us again when next years cover is somewhere in Mongolia. Art brings this crap on himself with a total lack of communication with shareholders, many of us in at 10x the current price. Art seems to think that a one line sentance at the bottom of a quarterly financial statement is sufficient shareholder communication. Of course shareholders get impatient - how the hell are we supposed to know if the margins on heavy oil suck if the company doesn't say anything about it. While I'm here - what happened to the deals with Talisman and $50 mill. financing with Canaccord that were announced and then just disappear without a trace? There are so many of these instances we have become a bit leary of "cogent" ideas. But we can have some fun while we wait for the "cogent" ideas to become reality. Perhaps it may be a better strategy to hold the stock and stop trying to micro-analyze every press release from the United Nations with breathlessness. Or....sell your stock to me for 18 cents. Then with those proceeds, you could buy other stocks that your insightful analysis would turn into winners! Maybe all the great (but unreported) ideas you have about ending the stalemate in the Middle East should be elucidated on these Bullboards. Perhaps, Mr. Millholland even looks at these communiques and could utilize all of your terrific advice and worldwide contacts. Will monitor the board and hope to see some earth shattering responses Oh we've been holding the stock for long enough thank you. You aren't even bidding for the stock and the bids are the weakest I've seen them in along time - where are your bids? Not even the board of directors buys Oilexco shares, just us brainiacs. None of us dispute that Art has the political connections to make Iraq happen when the dust settles. Who would even bother with this stock if it weren't the case? You are way off base. You like mythology so you'll like it here. We're either investing in a myth or this will become a mythical stock one day. In the meantime. Pop a few Zoloft, sit back with your books on ancient Greece and let's see if Art can pull off a deal in the North Sea. We all hope he is successful.
Bullboard Posts