LGX Oil + Gas Inc ROAOF

RE: stock price

[ALTACRUDE]

Would agree that positions are established and we seeing a sell off of some of the private placement as well. DO not understand why we are not seeing more trading on AIM ,would have expected daily activity there. Canacord can still sell more shares in the PP,so i would expect them to be promoting the stock to get the price up and sell the shares. They get commission plus warrents. Do not think we will see a news release at this time,not much to release. we know the drilling was to start Dec 25/30 and take thirty days +/-,should be coring by middle of the month at which time i would expect rig hands will be spreading the word on findings. In the meantime we all sit and wonder why the stock is drifting,however,do not expect it go below $1.10. Keep the faith,we should be well rewarded,however, not until the third well is drilled.