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Bullboard - Stock Discussion Forum Logan Energy Corp V.LGN

Alternate Symbol(s):  LOECF

Logan Energy Corp is a Canada-based company, which is engaged in the acquisition, production and exploration of oil and natural gas. The Company is focused in the Pouce Coupe and Simonette areas of north-west Alberta on the Montney resource trend, and in the Flatrock area of north-east British Columbia. The Company has approximately 193,000 net acres of working interest, 95% Montney Crown land... see more

TSXV:LGN - Post Discussion

Logan Energy Corp > Logan has 549v million shares o/s fully diluted
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Post by jenksh on Jul 28, 2023 9:40pm

Logan has 549v million shares o/s fully diluted

Initial cash 109 million. Properties are Nat gas weighted
May be over priced until they drill up oil prospects on these lands  expect share consolidation within 6 months....as per Spartan Delta past playbook.
Comment by retiredcf on Jul 31, 2023 9:56am
Having been on SH for more than 15 years, I realize that I'm a bit of a cynic. In that regard,  your first post on LGN informs us that you've sold (not that any of us are interested if indeed you were a shareholder) and is quickly followed by a second calling LGN overpriced. Forgive me if I apply a grain of salt to your comments. GLTA
Comment by Fyordian on Jul 31, 2023 11:20am
People miss the big picture. The entire reason LGN is at $1.20 today is because Eight Capital started bidding the share price up at $0.75. I initially thought LGN should be priced at 50 cents and was resentful when I saw EC bidding at 75 cents pushing the price way above my buy zone. I thought about it overnight, decided that if they were buying aggressively at 75 cents, there's probably a ...more  
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