PR Newswire 9/14/11 -
Legend Oil & Gas (LOGL) closes huge Bakken oil deal!
National Bank of Canada
Endorses Legend Oil & Gas'
Alberta Acquisition!
This is a "Buy" signal if I've ever seen one!
Legend Oil & Gas (LOGL) makes stunning announcement; acquires huge Canadian oil field with existing production and millions BOE in reserves!
Acquisition already approved with multi-million dollar financing from ultra-conservative National Bank of Canada.
Share potential is now significantly undervalued - LOGL set to soar as production could leap twenty-fold overnight!
My forecast: $2.35 LOGL stock to hit $10.50 by year-end!
I'm upping my targets for investor returns!
$2,500 in LOGL now on track
for $11,000 this year!
Important Update for the Opportunity-Seeking Investor:
Before this deal was announced, I was already bullish on Legend Oil & Gas (OTCBB: LOGL). The company has ongoing production in Kansas, growing land positions in North Dakota's Bakken Shale, both of which made LOGL a promising junior on the top of my buy list.
Investors agreed. Since early April, LOGL has nearly doubled from $1.40 to $2.74!
Any other time I may have said, "Pull stakes and take profits!"
Not this time.
Legend management rocked the industry with a recent blockbuster announcement and I'm telling readers: Get in and stay in! This could be a home run with bases loaded!
Here's why you should act on this news immediately!
Legend Oil & Gas intends to take over a network of producing oil and gas wells throughout Alberta, Canada adding significant proven reserves and undeveloped resources to its asset base.
It's making this move with a ringing endorsement: a huge financial commitment from the National Bank of Canada! (Could there be a better assurance to investors than this?)
Remarkably, Legend made this move right under the noses of ConocoPhillips, snapping up major plays neighboring Alberta's top oil and gas producer!
This can be a landmark move for Legend Oil & Gas. With it, the company takes a giant step in its march to become a mid-level petroleum producer in both Canada and America.
Legend Oil & Gas (LOGL) moves into its third oil and gas-producing region with its recently announced Alberta, Canada acquisition.
It all adds up to one thing...
LOGL is one of the best entry-level buys I've seen in years! You're looking at a company that could become the next big player in North American oil and gas. LOGL shareholders on board today hold stunning profit potential both near and down the road.
By the end of the year, I'm forecasting that LOGL could produce over 400% in gains. Longer term, you could see two to three times that figure!
There's still time to get in. Don't be caught on the sidelines.
Read now! Follow this link for my newly updated online
report about Legend Oil & Gas (OTCBB: LOGL).
Yours for greater profits,
Don McShane
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