LGX Oil + Gas Inc ROAOF

I do NOT think this stinks

[zagorsk]

          The quarter looked OK to me as well. Management states that both wells were successful and that they can fund 2014 drilling from bank loan and cash flow.                                                     
                                                                                                                         
          LGX has had a fair bit of selling lately. I think this is due to the headline value of a $20M loss, the Sage grouse order and general feeling that this stock is taking too long to fly.        
                                                                                                                                                                   
         It seems to me the sage grouse order was issued pre-maturely with no consulting with the affected oil companies. Probably some wild eyed environmentalist in the federal cabinet that issued an order that was in direct conflict with the provincial regulations. LGX and others could well get compensated for the expense caused by this overly restrictive nonsense.