Laredo Oil Inc (LRDC): To clarify my comment, SORC is producing...

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highstreettrader

Re: 1flaguy post# 73

Tuesday, 05/01/2018 4:54:37 PM

Tuesday, May 01, 2018 4:54:37 PM

To clarify my comment, SORC is producing oil via conventional methods. Laredo is receiving their management fee for working with SORC on enhanced oil recovery and those funds from recovery will go towards paying down the investment capital provided by Alleghany. You are correct that it's extremely difficult to find information. I've had to review filings extensively amongst doing many other searches online. Just a fyi, Alleghany has an earnings call scheduled for this Thursday. I'm hoping to hear some kind of an update in regards to SORC.

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