Logan Energy Corp V.LGN

Investment Grade

[Westcoastenergy]

Although nowadays I generally stick to dividend payors, I have owned this one since the spin out from Spartan Delta.  Having been an investor in oil and gas for 30+ years, I am very, very impressed with the landholdings LGN has acquired and I consider this one a no brainer which is really flying under the radar.  Haha lately, in addition to my base holdings, I have been buying away monthly using my dividends and I now have a sizeable investment in LGN, probably much bigger than I should.  I am confident that the current targets for LGN will easily be surpassed once these landholdings get developed over the next year or two.  Good luck to all.

[gassygeezer]

I'm long also, been in Calgary oil gast 50 yrears so am a bit overly negative on the junior/midco pump/dump/reissue option type companies with mgmnt that renames the same game perennially.....you've got to be nimble to make much/anything competing there..ie Kelt, which i've now sold and redeployed here. The Gran tierra deal implies premier use of capital,JV strategy and overall 

[rico91]

there are 64 million share purchase warrants @ .35 expiring in July 2028. I think that any SP appreciation will be hit with these warrants being exercised and the shares sold at market. Problem? Rico

[gassygeezer]

Valid point. Imo it depends upon how the company deploys capital,grows its base production and Joint ventures on infrastructure/marketing  Mgmnt promoting while selling is never good optics. When objectives are met, often Insiders realise the benefit of holding vs Exec's repeatedly selling large blocks seemingly timing market highs, i get that lower level staff often have less monetary