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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
Comment by slamdanceon Feb 20, 2007 6:14pm
725 Views
Post# 12274082

RE: Good news/OK news???

RE: Good news/OK news???"Why did they release a vague NR now?" As you realize, the NR is actually premature. Normally, they would not have released it but it will be additional good news to help the medicine (secondary offering) to go down. That is, it adds more sizzle and an unknow amount of upside for the secondaries buyer to contemplate.
Bullboard Posts