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.

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LGX Oil + Gas Inc

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Comment by Kel2on Sep 30, 2004 3:06pm

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Post# 7988253

RE: RE Chief

My post was a response to Tarsands. Your name happened to be the title. Have looked at the same math as you have - warrants vs. stock and the leverage that the warrants give you. The problem is that on a day to day basis they do not trade particularly well. The stock has some volatility and can allow you to trade a little much more often than the warrants. But over long term, with the same amount of money invested the warrants will make you some extra money.

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