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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 mineoneon Nov 18, 2008 9:06pm
692 Views
Post# 15594469

RE: OUCH...!!!!!!!!!!

RE: OUCH...!!!!!!!!!!

why you think its dropping?

one reason only, inconjunction with lower oil price

there is an open financing with no set price, houses are selling it down to dirt cheap price to set the finanacing at a rediculously low price. same money for them way more shares/bonds.

they did it with cvrd inco in summer, took it from 44 down to 29 where the  finance was then at. it has since plumeted with everything else.

so how low will it go?

mineone

in  my opinion

Bullboard Posts