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 V.LOU

Alternate Symbol(s):  PSHIF

Lucero Energy Corp. is a Canada-based independent oil company. The Company is 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. It provides pure-play development exposure to a portfolio of oil-in-place projects in the core and most economic part of the Bakken and Three Forks play in North Dakota. The Bakken is a complete petroleum system with source rock featuring multiple stacked zones accessible for development: Middle Bakken, Three Forks, Pronghorn/Sanish and Lodgepole.


TSXV:LOU - Post by User

Post by Moremoney4uon Jul 06, 2022 7:12am
239 Views
Post# 34804256

LOTS OF CASH

LOTS OF CASHLOU, has raised a LOT of cash, investor confidence is HIGH, along with ERIC"s. What is the direction they will  go, DRILL, DRILL, on existing lands, OR buy up existing production, either way, BOTH will be immediately accretive. MGMT. has done this before and are very well experienced in this area. Volume has not been high, YET, i expect this to increase once we get the direction this company is headed towards. Even without any additional activity , the everyday production numbers and earnings,FCF, ETC are significant. The target price has been raised to 1.36 $$$  plus, still time to BACK UP THE TRUCK. 
<< Previous
Bullboard Posts
Next >>