LGX Oil + Gas Inc ROAOF

Energy Oil & Gas E&P

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.

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LGX Oil + Gas Inc

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Post by Chilliwackkidon Dec 19, 2008 2:23pm

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Post# 15657750

New rating from Canaccord at $ 5.00

Today an analyst at Canaccord said Oilexco is worth at least $5.00 a share in the next 12 months and if the price of Oil goes back up like we all know it will this stock will be worth a lot more than its tading for now.
I guess there are a lot of scared shareholders out there willing to sell to the Shorters at extreme losses that you won't recover from anyway so you might as well hold out for the long term cause interest rates are cheap now.

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