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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

Bullboard Posts
Post by metzgfon May 18, 2005 1:36pm
129 Views
Post# 9051297

Who can figure?

Who can figure?I'm invested in a company that just reported a 2004 profit of over 2 million dollars. Their Gross profits represented 38% of their total revenues. What did this new release do for the stock? So far, since the release of this news the stock traded 983 shares. Sometimes stocks seem to have a mind of their own. PSH will go up or down when it's ready to move. Charts are great for Monday morning quarterbacks but they don't do much to predict where a stock is likely to go. Sometimes what appears to be good news drives the stock price down and sometimes what appears to be bad news drives a stock up. If stocks were predictable, we would all be rich.
Bullboard Posts