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Bullboard - Stock Discussion Forum Lucero Energy Corp V.LOU

Alternate Symbol(s):  PSHIF

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

TSXV:LOU - Post Discussion

Lucero Energy Corp > LOTS of CASH, lots of options.
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Post by Moremoney4u on Jul 11, 2022 8:32am

LOTS of CASH, lots of options.

LOU, soon will deploying that HUGE CASH amount. I am thinking they might even venture into the clearwater area. PAYBACKS are very quick, very prolific area. OR, drill , drill, drill, get the money in the BANK, lots of  available locations,   or, TAKE OVER a small producing company, with immediate returns.  Either way, very optomistic, should be in the 1.50  $$$$$  range. TARGET price is 1.35 $$ . Oil price still holding strong, MOST large institutes say oil to stay high. ERIC,  holding LARGE AMOUNT of shares. This is a  6 to 9 month hold.  LOU, still earns BIG DOLLARS, on their existing production , EPS, FCF, will be  GOOD. NEWS is coming very soon, which will send it upwards, volume will be the indicator. LOAD UP THE TRUCK.
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