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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.


GREY:ROAOF - Post by User

LGX Oil + Gas Inc
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Comment by molikaion Dec 31, 2008 5:30pm
482 Views
Post# 15675605

RE: RE: THE GAME IS NOT OVER

RE: RE: THE GAME IS NOT OVERMy question would be are the assets as valuable as a whole or in part, to potential suitors, as the other plays that are out there that are/will become available, and do the larger companies need/want  to take on more debt, if indeed they can secure more financing at this time at all. Most of the analysts I've listened to (for what its worth) believe the sale will not benefit shareholders but recommend hanging on if its not a large amount of money invested.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities