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 > Kind of so so

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Post by mofwmofw on Aug 07, 2022 9:58am

Kind of so so

Not really much of a news release. Retired some debt but not much of anything else. Would have hoped for some news in increasing production or actually anything. Seems like dead money for a few months. Might check out and come back later if management gets off their haunches. Really doubt if Eric backs this company. If someone has the clip, I'd like to see it.GLTA

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Comment by mofwmofw on Aug 07, 2022 12:04pm

I don`t often answer my own posts, but I found the clip. He says it needs a lot of patience. The problem is in the same clip he says oil has a $100 bottom. How is that working out? GLTA

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Comment by diceslinger on Aug 07, 2022 11:19pm

The shares Eric bought had a four month hold

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Comment by mofwmofw on Aug 08, 2022 5:34am

Any idea when the 4 months is up? GLTA

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Comment by CandyC on Aug 08, 2022 10:08am

I think it was up in June. I'm not sure if he's still holding

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Comment by LivLong on Aug 11, 2022 9:30am

Stockhouse newbie here. Lureco could benefit if they another to write their earnings report, very lacklustre. Putting the cash & debt metrics aside, the newly released shares, no matter how they are categorized spells diluted to me. Am I missing something?

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