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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

Post by Moremoney4uon Aug 18, 2022 7:18am
366 Views
Post# 34904084

LOTS OF CASH

LOTS OF CASHThey have a ton of cash, ready to buy a accretive producer, not more land, they will put more rigs to work on the very prolific land they own, PROVIDING more earnings, etc. EARLY stages of their development, they have done this before many times, bought and sold for 5 times their inital investment. MGMT. AND ERIC are very much involved. ERIC thinks very highly of MGMT., AND HOLDS a lot of stock. It will POP very soon, with the volume increasing and move up sharply. STILL in .60 cent range, should be trading in 1.00 $$$ range , earnings are good , FCF, ETC., LOAD UP THE TRUCK and hang on for a quick move upward. 250,000 shares and adding. 
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