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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 fdfd55on Dec 15, 2008 1:40pm
556 Views
Post# 15646740

RE: Spoke with IR.

RE: Spoke with IR.That is exactly what I am saying.

They feel they are worth at least $10 and WILL NOT SELL for $4 or $5.

They aren't getting the $10 so they are considering financing.

If they were getting the $10, then WITH LEAKAGE, the stock price would be at about $6 by now.

This company will finance and the stock will be below $2 for the good part of next year


IF


oil prices stay at the $50 level.
Bullboard Posts