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 > 1.50 $$$ range

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Post by Moremoney4u on Aug 22, 2022 10:14am

1.50 $$$ range

This will be trading in 1.50 $$$ range, lots of CASH to apply to a TAKEOVER, IMPLOY more drilling rigs, they will do all the things to increase EPS, FCF, ETC. Once we get the sniff of some kind of activity, start the accumulation. ERIC still is VERY OPTOMISTIC ABOUT MGMT., holds a lot of shares. MGMT. is very seasoned and has done this before, this is in the very early stages of LOU, any news will send this FLYING. VERY CHEAP RIGHT NOW. OIL prices will remain in the 90.00 $$ range, and move higher once CHINA OPENS its economy and BIDEN has to replenish the RESERVES. The production for LOU is good, with EPS, AND other metrics very acceptable. VOLUME will be the indicator, maybe still a little to early. EITHER WAY, its a GEM.

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