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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 DaycareKid007on Oct 16, 2008 5:04pm
529 Views
Post# 15530059

RE: RE: Why would robal say it is worthless??

RE: RE: Why would robal say it is worthless??$10 sounds about right to me.  It is basically a buyout at NAV with a few cents on top. Can't expect much more in these times.  Then again wait 3 months and it could be a whole different story if management can get production up and oil gets back up above $80.
Bullboard Posts