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.

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LGX Oil + Gas Inc

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Comment by robbie25on Jan 27, 2010 7:49pm

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Post# 16726152

RE: RE: Interesting Column on Tax Pool Buyouts and

Interesting article, and perhaps, Oilexco could possibly be worth
.05/share.....Not sure why you think any money would get the business up and running again.....the article is pretty explicit that the only reason for these takeovers are to access the tax pools....

Also, going by the going rate, if an income trust bought the shell for
.05/share, that money would go to the current shareholders of the company, not into the companies coffers.....and all the shareholders, including yourself, would no longer be shareholders anymore....all the shares would belong to the acuring trust.

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