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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 annoncpleon Jan 04, 2015 8:28pm
87 Views
Post# 23284613

RE:Not that complex.

RE:Not that complex. did someone forget the debt when claiming we have market cap is less than cap spend.. we spent double on manyberries of what its worth today and cant do anything to boost production on it, maybe we get a small check from feds to drill a very well on blood land. if you felt it was so undervalued at tax loss selling you could have bought a few million shares, do you have that many at less than 10 cents, sooo you pump and I bet you are the the guy whos been dumping since 10 cents. pushing up prices by repurchasing just under his sell to give the illusion of liquidity, I would/will dump when we get above 23 or 25. even great wells at blood and 55 dollar oil do not make sense to drill just to hold land then add the debt..we will get screwed by a cheap takeout or some other way. as I said befor I saw value under 13 cent and did buy at that price
Bullboard Posts