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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
Post by slamdanceon Sep 17, 2006 9:47am
353 Views
Post# 11375220

Here you go again, Goody

Here you go again, GoodyYou sound like a broken record. Like Brusca says - a lot has happened since the outdated reserve report. As I have said previously - the stock market is a forward looking instrument. Show me an oil company trading at or below NAV during an oil bull market and you will see a company that is not growing or there is something else fundamentally wrong with it's story. HERE IS A GOOD PROJECT FOR YOU - find some North Sea explorers and show that they are trading at or below NAV at this point in time. How about starting with AEN or SLG? I think six examples would be more than ample evidence.
Bullboard Posts