Bullboard - Stock Discussion Forum Lucero Energy Corp PSHIF

Primary Symbol: V.LOU

Energy Oil & Gas E&P

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... see more

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TSXV:LOU - Post Discussion

Lucero Energy Corp > DRILL, OR ACQUIRE

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Post by Moremoney4u on Jul 04, 2022 7:34am

DRILL, OR ACQUIRE

They have 180 million, now what. They have lots of land in a very prolific area, DRILLING has a quick payback, OR, BUY up other companies with existing production, that is immediately accretive. This might be another option, that is to acquire land in the CLEARWATER AREA. Either way, any of these options are good. The volume has been low, ONCE the volume is picking up, this is a good sign of accumulation and stock appreciation. ERIC, likes mgmt. and holds a LARGE portion of company in his FUND. STOCK should be in the 1.50 $$$$ PLUS PLUS RANGE. ALL oils are struggling, this in general is a great time to load up. HAPPY CAPITALISM.

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