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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 Kel2on Dec 08, 2005 9:35am
288 Views
Post# 9987399

RE: 19 MIL to Canacrap..... share price going

RE: 19 MIL to Canacrap..... share price going This issue is sold out already. It has been placed. The institutions love it. CC has zero risk. Firms don't buy stock to make money, they sell it and take the commissions and broker warrants. Muness is a higher risk well. It is not like Brenda or Blackhorse but the stock is not trading at these levels based on spec of Muness. Downside from this range on a miss is irrelevant and stock should be bought if it does pull back from here on a dry well. If stock can be bought slightly above the issue price where the institutions are buying then that is a buy. They know more than we do.
Bullboard Posts