hi guys..thought i remember tastarga posting on...

hi guys..

thought i remember tastarga posting on this..(lgo)

Subject re: need some help..
Posted 22/10/04 7:38:01 PM - 107 reads
Posted by tastarga
Post #397756 - in reply to msg. #397745 - splitview

Don't get too excited about it Sandy-it produced around 600,000 of that 6mbbls already, but stopped due to massive water problems.
Then have a look at the Company, its history (floated in 1954), and particularly its Chairman. (Read Trevor Sykes book the Money Miners and the mischievious part Mr Ganke played in the Poseidon boom.)
Then you get a better feel for the company's share price.
The question you ask is a fair one-try reading an annual report for LGO, it will contain the absolute minimum amount of info. That is the way shareholders in this company are treated.
Go there at your own peril,
Cheers,TAS