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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 Jun 02, 2005 12:22pm
95 Views
Post# 9109317

Selloff?

Selloff?I think there are probably a lot of disillusioned shareholders who were holding out hoping that the AGM would finally bring out some answers. Apparently only one or two of the 64 or so questions posed on this board were actually answered. There only seems to be two choices. Stay with the stock and hope that management will do a good job even though they tell shareholders nothing, or sell and move on. I plan to stay because I believe there is still good potential here. It still seems that management would benefit the most if the stock price was up, however, in the meantime they may continue to keep the price down so they can buy up more control. I don't believe that management can sink the ship and escape with the booty. I think management will do whatever is necessary to keep the ship afloat. Just my opinion.
Bullboard Posts