LGX Oil + Gas Inc ROAOF

RE: OIL NAV estimate

[Kel2]

Teevee Rumour has been that the PP was oversold and in case you do not understand the term "closing" it usually refers to the mere formality of exchanging a stock certificate for a cheque. The actual orders would have already been taken and placed in the client accounts. Since all the purchasers are European Institutions one might give them the benefit of the doubt - that they no somewhat more about the North Sea and the potential that OIL has on the Brenda lease. They are certainly not in the business of handing out cash to junior exploration comapanies.