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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 coffinraideron Dec 24, 2008 12:57pm
706 Views
Post# 15666316

RE: RE: RE: RE: RE: No Bankruptcy

RE: RE: RE: RE: RE: No Bankruptcy
If RBS were to allow Oilexco to fall into bankruptcy which they are not,  the company then is worth only what the highest bidder will pay for it.

Under a BK you would be lucky to see an equivalent of half of what is owed to RBS awarded to the highest bidder to which RBS would be forced to accept at a huge loss to them.

RBS has taken the necessary steps to see this does not happen.

So once again you silly little cockroach - THERE IS NO BANKRUPTCY IN THE WORKS HERE.!!!!!
Bullboard Posts