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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 tanoon Jan 28, 2009 5:09pm
579 Views
Post# 15735033

RE: RE: RE: RE: Stick to fundamentals

RE: RE: RE: RE: Stick to fundamentalsIndyng,

ONSL went into admin after Q3 report came out. By going into admin, the debt became due in its entirety. That's why the creditors are now in control. If they don't get paid or otherwise agree to a refinancing of the debt, we shareholders will be toast. A lot of pumpers on these boards are either clueless or are intentionally posting misleading information. I may be losing money with OIL, but I still have integrity. 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities