Laredo Oil Inc (LRDC)

[cuggegrosse]

They are in the red every quarter, it looks like they can't make any profits

[cruecu]

Right back to flat. Same pos as usual

[Steven1f]

im in

[mplscubfan]

Does anyone know their output (barrels per day)? TIA

[1flaguy]

Someone wants in today with some size!

[cruecu]

These people just don’t understand what to buy without being told and even the “tellers” don’t understand

[Cambreau]

Seems like in the OTC, long term investing is defined as 2 days.

[cruecu]

.25 to sub .10 in ten days. Trash as usual

[1flaguy]

I know they hired IBN. However call the company and tell them to hire someone to write press releases. Call and complain everyone should call and complain if you are a shareholder call and complain they are clueless.

[BEIJING BILL]

I guess they considered that a "Press Release Enhancement" ...


Fyi .. im playing the oil spec sector. . Expect this to go again as oil heats up

[BEIJING BILL]

LRDC: IBN (InvestorBrandNetwork) will receive $19,000 per quarter for a total of 365 days from LRDC for IBN Core Solutions, Brand Awareness Distribution (BAD), Corporate Communications, News & Editorial Syndication, Press Release Enhancement and Social Media Solutions provided by IBN (InvestorBrandNetwork) and family of 50+ brands, please read entire IBN Disclaimer for FULL Compensation Disclosures.

https://www.investorbrandnetwork.com/disclaimer/

[1flaguy]

Have you called the company and spoken to them? Tell them your disgust with the lack of communication and terribly written press releases?

[BEIJING BILL]

WTI moving back up, oil back in play. Vatching her.e

[Cambreau]

Nope. Back into hibernation until single digits come back. Same old story.

[robpad]

Is this halted or something??

[BEIJING BILL]

patiently vaiting for the broader oil markets to turn back up again ... anytime now .. LRDC vill follow it

[Cambreau]

This stock is very maddening, despite the potential. Probably back to .08 by Friday.

[BEIJING BILL]

low volume ... next week oil vill spike again.

[cruecu]

Basically. Terrible Twitter traders who thought they knew based on February of last year…they are gone and bagged out their sheep. Rule changes. Dilutive CEO’s. They’ve all killed it for now. Just no real liquidity in this market.

[Cambreau]

It seems like nothing makes any "long term" sense in the OTC the past 12 months.

[cruecu]

Except it’s just going down every day back to where it was.

[BEIJING BILL]

Exactly:) ..as people can see no dilution, no share dumps. Bonzaiii ... as.oil goes back up so will LRDC

[BEIJING BILL]

This wil follow oil, as oil spikes so will LRDC

[cruecu]

I’m honestly stunned that people cared enough to send it back to a quarter temporarily

[cruecu]

Like I’ve been saying for a while now, there are just too many bagholders here from the run last year, and the company just doesn’t know how to put on the full court press and push past those baggie shelves on the chart. Hope I’m eventually wrong but it is what it is at this point and it looks like it topped out at $.25. People will lose interest like every other ticker. They took their shot today with whatever that release was. Awful

[1flaguy]

They are raising money for the wells. They have millions of barrels in reserves. They will do a rev share split on those wells

[hondaboost]

You should ask WHY people would give them money for NOTHING,!

[1flaguy]

Because they’re absolute morons and I have no clue how to write a press release. There was no need to even mention that they’re raising money. However they think that people will call and ask them and give them money for the oil rigs. Call and ask they are not selling shares

[cruecu]

They would be, and would have been, crushing bids if they were actively looking to dilute in that way. Clearly they aren’t. That’s the one good thing about this ticker at least

[mplscubfan]

Nice news!!

[hondaboost]

They tried to hide something Because They will do huge diluting like selling 150 m to 200 million new shares.

[papadedavid]

And why don't they say it in the pr??

[1flaguy]

FYI the 20 million that they’re trying to raise is not in stock has nothing to do with the stock. They are raising money privately to build the wells. On a oil share structure basis

[papadedavid]

What do you think of this new?...not what I was expecting.

[BEIJING BILL]

Laredo Oil Granted Drilling Permit for Lustre Oil Field Property in Northeast Montana
AUSTIN, Texas, March 10, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Laredo Oil, Inc. (“Laredo Oil”) (OTC Pink Sheets: LRDC) announces today it has been granted a drilling permit to drill its first well in the Lustre Oil Field, located in the Western Williston Basin of Montana. The well (Olfert 11-4) will be drilled with 80-acre spacing on oil interests owned by Lustre Oil Company, LLC (“Lustre”), a wholly owned Laredo Oil subsidiary.

“The Olfert 11-4 well is the first of 11 wells we have identified for completion in 2022. Drilling there will commence as soon as possible; the drill rig is under contract and, depending on rig availability and weather, is scheduled for the end of April. Initial production from this first well is expected as early as three weeks after spudding and will aid Laredo Oil in assessing the viability of the program described in the $41 million NPV-10 reserve report dated effective Nov. 1, 2021, from an independent petroleum engineering firm. Assuming successful economic results from the completion of this first well, we intend to proceed to drill the next 10 wells, contingent upon successful completion of the fundraising efforts currently underway,” says Mark See, chairman and CEO of Laredo Oil.

“We are in the process of actively attempting to raise $20 million to develop the 10 well program identified in the reserve report, and we are continuing to expand our mineral rights acreage portfolio in Montana to more fully realize on the opportunity that we believe exists there,” Mr. See added.

[1flaguy]

I can’t post a link it’s on all my newswire services

[BEIJING BILL]

Link

[Imarket13]

Never heard of it

[1flaguy]

News

[1flaguy]

New out!!!

[BEIJING BILL]

Has anyone sceen the movie the fast and furious? Thats vhat i feel is coming

[BEIJING BILL]

Exactly, i am adding on any dips, i fully espect this to explode up when oil resumes its march towards $200 pb

[Stabbakilla]

We are lit about to explode look at this S/S no games no dilution!

[1flaguy]

Link to Mark See podcast last week.

https://podcasts.apple.com/us/podcast/the-bell2bell-b2b-podcast/id1550646675?i=1000553167794

[StocktonCA]

https://oilprice.com/Energy/Crude-Oil/Oil-Prices-Jump-As-Biden-Announces-Full-Ban-On-Russian-Energy-Imports.html

LRDC!!!!

just sucks that gas prices are so high. the silver lining is investments in these little known low float stocks to offset the pain at the pump!!

[Expensivetaste281]

Thanks

[papadedavid]

No dilution for years...nice.

https://www.otcmarkets.com/filing/html?id=15487139&guid=7yHwkaUP5E4FJth
54,514,765 shares of common stock issued and outstanding as of January 14, 2022.


LRDC SECURITY DETAILS
Share Structure
Market Cap Market Cap
7,495,780
03/07/2022
Authorized Shares
90,000,000
06/25/2019
Outstanding Shares
54,514,765
06/25/2019


https://www.otcmarkets.com/filing/html?id=8210100&guid=7yHwkaUP5E4FJth
52,000,013 shares of common stock issued and outstanding as of October 17, 2011.

[papadedavid]

HUGE!!!

“To take us to the present, we spent over $100 million on R&D to build UGD, and that’s our long-term strategy. Our short-term strategy focuses on underutilized assets allowing us to come in, operate, increase production, drive down costs and be profitable in the oil business,” See added. “We are acquiring assets that are smaller, but very meaningful to a company of our size … That’s our focus. We’ve been successful in acquiring this acreage and operating these underutilized assets. It’s our approach – simplicity versus complexity. With complexity there’s risk. … Simplicity lets us de-risk. … It’s more executable.”

[BEIJING BILL]

https://www.aljazeera.com/news/2022/3/8/russia-warns-of-catastrophic-impacts-if-west-banned-oil-imports

[BEIJING BILL]

Must listen-:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168073515