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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 zagorskon Mar 08, 2014 2:16pm
184 Views
Post# 22298462

RE:RE:RE:Something is up

RE:RE:RE:Something is up             We will not know anything until they give a report which I think will be good.                    
                                                                                                                          
             What does bother me is the fact that whenever we do manage to get some buying interest the sellers are there en masse.  825,000 shares yesterday and we could not move the needle. This is too reminiscent of LEGACY.  LEG gave a good report and traded 10,000,000 shares Thursday and 4,000,000 shares Friday. That kind of volume should move the needle more than it did.                                                                                                                                                                 
                                                                                                                             
            How do so many investors decide that they want to sell just when things are looking good?  
                                                                   

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