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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 tanoon Jan 28, 2009 4:15pm
602 Views
Post# 15734871

RE: Stick to fundamentals

RE: Stick to fundamentals"if you think the company is worth less than 45 Million sell.  I think it will surprise many!"

If you are going to stick to fundamentals, then make sure you do not leave out some of those fundamentals. You forgot to add the debt owed by ONSL. Your statement should have read: "If you think the company's assets are worth less than $1B, you should sell."
Bullboard Posts