Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Lucero Energy Corp PSHIF


Primary Symbol: V.LOU

Lucero Energy Corp. is a Canada-based independent oil company. The Company is primarily focused on the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. Bakken is a petroleum system with source rock featuring multiple stacked zones accessible for development, which includes Middle Bakken, Three Forks Benches One, Two, Three and Four, Pronghorn/Sanish and Lodgepole. The Company has a platform of light oil assets located in the prolific North Dakota Bakken/Three Forks play.


TSXV:LOU - Post by User

Bullboard Posts
Post by metzgfon Sep 15, 2006 1:00pm
179 Views
Post# 11369315

Wise Up

Wise UpI can not believe most of the posters on this board. When are they going to wake up? PSH is a 10% partner. Let me say that again. PSH is a 10% partner. 10% of anything gives you essentially no say in what is or is not done. Cotter has absolutely no responsibility for anything that has happened since he signed the partnership agreement. If you want to blame Cotter for anything, blame him for signing on to a 10% interest. Once that was done, Cotter became an observer. If anyone on this board believes that you can become a 10% partner in anything, and then have a voice in what does or does not happen, they shouldn't be investing in stocks at all. So if you want to point the finger, you should be looking in a mirror. Everybody on this board should have known when they bought this stock that they were investing in a company that had a 10% interest in this Texas play. When you know that up front you are signing on as an observer, nothing more. If you want management with more say in what happens, one way or the other, invest in a company that is not a very small fish in a very large pond.
Bullboard Posts