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It seems there was a seller pushing down from $0.6 range. Probably someone holding from March 12th 2021, the dollar traded volume that day was about $6million. The high of that day was 0.59...It might take some time to churn thru $0.6...not much resistance after. This is all I see from reading the chart.
Good luck
Doubt it. I bought a bunch back today that i sold.45-60 There was a seller looked like we cleaned him out
Yes, I have. I have seen probably three or four over the last 10 years. However, this time is totally different. This time could be the real one. They shoulld have real revenues earnings and free casual. The potential for significantly higher prices here is just huge. How high could it go? I have no idea 1$ 3$ 5$… time will tell.
You've done well on this one over the years. How many runs have you seen?
Totally agree with you. I see the same thing.
Current MarketCap of only $40mil.. 5x - 10x run in here expected
Laredo Oil Announces that Texakoma Exercised its Option to Drill Eight Additional Wells under Existing Development Agreement
https://www.otcmarkets.com/stock/LRDC/news/story?e&id=2796054
Based on what I think should be significant free, cash flow revenue and earnings. I think this is has a potential to go much higher than a dollar. The price action is showing significant buyers in size on the bid and taking the offers. If someone is buying 100,000 shares now between .45 and $.50. they obviously think it’s going much higher. Just my opinion. Hold on for the long run
Looks like $1 should approach soon. Take a look at details of the price action from Friday (3/8). Constant buying at the BID with very small hits on the ASK to scare people into selling.
https://ih.advfn.com/stock-market/USOTC/laredo-oil-pk-LRDC/trades
Yea probably headed to $1
Sucking-up shares in turbo mode.
Any idea what is going on in here?
1$ is certainly doable!! We just wait now for some earnings and free cash flow!!
$LRDC - #8KSpy Alert Video:
Looks like that indeed.
Lots of great things happening here. The future looks very bright!
Buys keep coming in. Good looking chart in here.
"Drill Baby Drill" Quote from IA Caucus.....these prices will be a faint memory com Nov 2024
Huge run from .06 as expected. They are buying every dip with size. .30-.50 next stop.
Nice run here. Been a few years since last one.
Yeah, looks like that $0.32 resistance might fail quickly
I've been in this one over 5 years and even when it got up to the sixty cent range there wasn't this much volume. You got to love the under the radarness of it all.
Serious accumulation happening in here. Surprised not much talk on the board.
As of December 21, 2023, Hell Creek Crude, LLC (“HCC”), a wholly owned subsidiary of Laredo Oil, Inc. (the “Company”), has received payments from various accredited investors in the total amount of $1,617,850. The payments are in anticipation of the execution of a proposed Participation Agreement between HCC, Erehwon Oil & Gas, LLC (“Erehwon”), the accredited investors who have made the $1,617,850 payments and additional accredited investors (collectively, the “Investors”). Several participating investors also currently hold $575,000 in convertible debt of the Company, plus accrued interest, which will be included under the Participation Agreement. The Company expects that additional accredited investors will invest another $416,150 under the Participation Agreement prior to its execution.
The Participation Agreement is expected to provide $2.034 million in cash to fund the drilling of a development well and the acquisition of certain leases currently held by Lustre Oil Company, LLC, a wholly owned subsidiary of the Company.
The foregoing is a description of the proposed investments and material terms and conditions of the proposed Participation Agreement and is not a complete discussion of the investments or the proposed Participation Agreement. The final material terms and conditions of the Participation Agreement will be disclosed following the execution of the Participation Agreement by HCC, Erehwon and the Investors.
https://fintel.io/doc/sec-laredo-oil-inc-1442492-8k-2023-december-21-19712-542
Crazy they actually could be a diamond in the rough here. Finally some amazing news.
I was actually making money on this for a couple of hours today
Been a few years since last run. Maybe she's waking up again.
that would be wonderful
Maybe the oil is flowing!!
Now 66 mil. OS. Still a low floater so always a chance for another run one day.
Yep. I took advantage of the run to .60. Did very well.
If I remember correctly this ran big 2x a couple of years ago. 55 mil. OS and went from .06 -.60 in a day ! Unfortunately it was groups running the pps and not the company building momentum. I'm in another very low floater now and would love to see real sustainable progress in an OTC stock just once.
That last run was a few years ago. Maybe it's time for another.
i remember just a few years ago people pumping this as a massive next huge thing. saying it was going to be worth dollars. i check in and it’s not even 10 cents
So finally some action, in partnership with Erehwon Oil & Gas, whose Agent is a John M. Stafford, who appears to be the principal of Laris Oil & Gas., https://larisoil.com/management/
See Laredo's 8K filed today. Wonder why there seems to be no mention by Texakoma ?
Now Dead Duck?
They are broke and can’t raise any more $$ doesn’t look good
maybe oil price has to be higher for them to be profitable
The Laredo team has a great concept, and uniformly executes it badly. Some of the best minds in directional drilling are engaged and yet they do not seem to bring the concept to fruition. They are so close and yet so far - the LRDC team needs a closer.
There is some accumulation happening in the past two days. Watching closely
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