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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
Post by marexxxon Dec 31, 2008 8:14am
386 Views
Post# 15673648

What if?

What if?
What if this is a calculated move to force potential buyer to close the deal now, today PR stated that they may file petitions for administration as soon as next week, after this happen those who negotiate with Oilexco at this moment (if any) will have absolutely no guarantee they will get any assets at all.
I think it may be worth to wait another day or two, it may be something more to this story.
Bullboard Posts