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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
Comment by metzgfon Jun 07, 2005 10:12pm
116 Views
Post# 9130046

RE: Insider Open Market buying might pick up!

RE: Insider Open Market buying might pick up!Why would insiders buy now? As long as they are in control and can keep withholding information about what is happening, they can afford to wait until the price gets down to a nickel. Then they can buy twice as many shares. It's obvious that the consistant drop in share price has resulted from the lack of information coming out of management. If those of us who still believe in PSH continue to hold onto our shares, a time will come when management will have to release information. In the meantime, there is nothing that we can do except hope that management is just unskilled and not crooked. If that is the case, the oil and gas in the ground will make us all wealthy.
Bullboard Posts