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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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Post by waterboy100on Jan 01, 2009 8:53am
625 Views
Post# 15676099

If there are interested parties....

If there are interested parties....now is the time with low SP and low oil.  If this does go to auction, they are taking 2 chances.  One that they will not get the peices that they want and two, the price of oil is back up to 50-60 dollars which will cost them much more in bidding war.  I sure hope we see a buyout !!

I agree with a poster the other day.....how is dilution not good for the shareholders a while back but administration is...WTF !!!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities