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Very possible. Last run almost hit (.60). World events much different this time around.
I expect a nice move this week to the upside. The company is really getting their act together since they’ve ended the relationship with Allegheny. I expect positive news in the future.
Stupid idiot CEO doesn't give a rat a$$ about the shareholder here. No news no update nothing for month in months out. Therefore, nobody know about the stock. No new buyer only huge bagholders waiting wishing a mojo coming here pushing it higher. Virtually guarantee PPS won't move and if it does it only temporally for a few days.
Would be great but gonna need a super pump from someone who doesn’t know how and the otc is on life support right now.
45 million in reserves that was on a very small percentage of the field that they own. Also that was at oil prices of $60. Also he said free cash flow this year that’s tremendous we should be 1 to 3 dollars
Did I hear that right? $45million dollar valuation?
Link to ceo podcast this morning!!!! $Lrdc about to rip!!!! https://t.co/PzXS8rsTMw
If the West place embargo on russian oil, expect oil to be in the $140 - $160 level ...
Russian business & finance Add to myFT
Will the west place an embargo on Russian oil and gas supplies?
Hitting energy exports is no longer so unthinkable but the market is already ‘self-sanctioning’ in dealing with Moscow
https://www.ft.com/content/cecebc90-5f99-4b4a-9770-5487bbd1c63a
Daily production per well? How many Wells? Etc etc.
We ant to launch this ticker to mars!
A nice pickup here today. inturesting.
I’m not disputing that what you are saying is true. But if no one cares, that doesn’t help anyone investing here
They are a completely legit company just look how the share structure has not changed in years. They have done no dilution. Read the last report lots of oil there to be taken. Millions of barrels time will tell.
Yes, bought at .06. It seems like they’re a legit company, audited financials. Was hoping it’s a sleeper stock waiting the big PR. I know the risks.
Did you not see the lack of volume for over a year? Complete indifference here. The guy has no idea how to run a ticker. Hopefully you bought 5-6 area
Great, now I’m holding 125,000 bags. Maybe they’ll strike oil in one of those Montana properties.
The good news is that it stays down here and doesn’t really go lower. The bad news is no one gives a shit, they don’t communicate, and you’ll need a miracle pump to clear off those bag shelves on the chart from last year. Tough to get that in this environment.
New to this ticker. In with 125,000 shares. Not the best financial numbers in latest filing. It states they’ve been losing money since their inception. Hopefully in this environment they’ll turnaround for the better. Good to everyone !
It was a different company for years strapped by Alleghany. Now they are free to do as they want. Good things in the works I think.
People have been saying this ticker is going to the moon for a couple years now.
If he needs to be motivated by that…pretty hopeless
Hopefully they can "fog a mirror" and do a CC one of these days.
are they even active? are they drilling? are they pulling oil?
are adjacent properties looking to aquire them?
do they have a pulse? ohh thats a good one i vould like to see... are they breathing? ?
Agree. This week, of all weeks, would have been a good time for some kind of PR .
If only the kompany knew how to communicate. (shulder shrug)
Looking good!!
Let’s go get some eyes on this!
This will rocket tomorrow with invasion of Ukraine… .50 soon load em up!
Yea and some fools decided to hit the bid yesterday. Just stupid.
Predictions of $120 oil possible this year. Even without a PR, this won't stay at sub .10 much longer.
Instead of doing shtick, I’ll give you my real answer. Otc traders have gotten crushed recently. They are bagged out in cult stocks that are stuck on the expert market like gvsi. Stuff like TGGI has them bagged. They are also getting crushed every day in dilution machines like ILUS. Nothing is holding gains and most of these people don’t know how to sell. So the problem of them being baggy is magnified and happening even quicker right now.
So now you take something like this Laredo ticker. It could be mooned in an instant during a normal otc market, just like last year. It’s even come down to this level on nowhere near the volume that bought it up that day. However without real communication and help from the company, you are having to rely on Twitter pumps and someone frontloading before alerting it.
So this leads back to the problem of people just not having the capital available to buy those types of pumps and alerts right now. Plus they are gunshy. It’s just not happening right now. Gonna take a well orchestrated, company involved promo to move things at this time. Clearly the person running this has no interest in that.
Something is wrong though. The stock price is reflecting it.
But more importantly, no one seems to give a shit
I disagree. I the past they had nothing but a deal with alleghany. Now they have their own fields with millions of barrels of reserves.
I don’t think this stock is going to do anything it’s been way too long stuck where it is. Oil is in the 90s and the PPS was higher when oil was in the 40s a barrel.
Check out where and what on LinkedIn
Looks like LRDC is going to be bought out by CRK… could mean dollars very soon. Check out LinkedIn on CRK and LRDC
That should be the responsibility of the company. Nothing will be sustained if not from them directly. OTC is way too illiquid right now. These traders that started in 2020/2021 are just buried bodies in the graveyard at this point. They aren’t looking for pumps from other shareholders. That’s what crushed them.
Agreed, spread the word. I expect something soon.
Last March 11, low was .06 right where we are now. Less than 24 hours later almost 10x to (.58) 55 mil. OS, any kind of spark (PR) and this goes again, probably higher.
We ready for another run here yet? I did ace on this last year. Can lightning strike twice?
Call Brad and complain. Tell him your a shareholder and they are doing a terrible job for shareholders. There is a ton of information in the latest filing. They have no clue how to write a press release. It’s not the IR company’s job to write them. Mark has his legacy invested here and they need to have a clue. They are sitting on hundreds of millions in oil reserves. Word need to get out.
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