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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Post by investor2003on Jul 27, 2006 5:38am

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Post# 11152141

2$+ per share of cash flows in Q4

according to Josef Schachter. Hummm.....honnestly, I don't see any down side at this price other than a Tsunami in North Sea!!! We are talking of 400 million+! . Anyway, I see a materially higher stock price (unless I am missing something ) than this and selling for pennies is a loser's game IMO at this stage. At 20$ it will be a different story...depending on discoveries. Can't wait for Sheryl's juice