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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

Comment by tinkvidon Nov 21, 2022 11:24pm
372 Views
Post# 35117538

RE:RE:RE:This stock

RE:RE:RE:This stock
Thankfully I hold other investments that are paying healthy dividends so in holding Lucero Energy I can be patient unless something(neg quarterly results, insiders sell in the open market, support dries up or a collapse in oil prices.)tells me the company is going in the wrong direction but at this time, business looks positive....IMO. Harvest Energy Trust - sold to Korean National Company Artek exploration - sold at premium for shareholders to Kelt Exploration Torc oil and gas - combined with Whitecap Resources Maxim Power Corp - big cashflow company, continues to reward shareholders with steady share price and growing power generation company Canoe Income funds....solid Etf's and split funds. Nothing in the stock market is ever guaranteed and I possibly could lose my investment but I invest in company makers and it looks like money has and continues to buy the stock.... Good luck to all, we shall see where Chernoff and this particular group of people take this, but they have scored big on 2 other companies prior to this....I am comfortable with the risk I am taking here.
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