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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 Piranha7on Mar 23, 2004 12:46am
228 Views
Post# 7249588

RE: andy040 the company did nothing wrong

RE: andy040 the company did nothing wrongyou're right BBZ, OIL price dipped not because of someones death or becuase 90% of the market was down today or what so ever....it was down because the stock was topping off and a good NR came out so experienced traders saw the opportunity and sold to get max profits and free their money for other plays since this may take up to july for a break in price, in addition that they may have seen a financing is on the way so that gave them one more reason to sell before shares are diluted. is the analysis right???? CHEERS!!!
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Dealroom for high-potential pre-IPO opportunities