Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.


TSXV:RECO - Post by User

Comment by Cancundudeon Jan 16, 2021 8:08am
415 Views
Post# 32312812

RE:Gold in the shi**er, Oil has the glitter

RE:Gold in the shi**er, Oil has the glitter

Just in the USA the money supply created added over 20% new dollars injected into the system. Savings in people's accounts are at an all time high. When the world gets going again there is going to be a flood of active money in the system and that bodes well for interest rates. Increasing interest rates means increasing commodities prices.  The potential of this play is staggering. Been a professional trader for 35 years and at 55 and having enjoyed my first 6 years of retirement in Cancun, covid was an opportunity not to be missed, I jumped back into the game. RECO is an event about as rare as a global pandemic. The numbers on such massive potential is mind boggling. Even with the forced conversion the free trading will be minuscule as people hold tight. The price appreciation potential even before drill results could be a ten bagger.  Simply sitting here writing this in complete shock and awe. 

Cancundude. 

<< Previous
Bullboard Posts
Next >>