Reconnaissance Energy (Africa) Ltd V.RECO

Drill Results

[Cancundude]

I did participate in the German investor conference vis zoom today. A gentleman did specifically ask about why wait for all three holes to be completed before results are released? From my understand, as the answer was not straight forward, was the company wants to present all the info at once to use as leverage. Makes me think large oil is snooping around and maybe the company is afraid of a hostile bid coming in before they have proven data to use as leverage. I would imagine if say for example the first hole showed very good results a major could present a low ball offer most of us would jump at immediately. By withholding as much info allows the company to have a more robust data set to present to shareholders for a more realistic value. All speculation on my part of course. One thing that was mentioned was "everyone in Africa has a cell phone" so leaks would not be a surprise. I do imagine however the majors are watching closely and with billions of possible future revenues involved. It's not hard to imagine some cloak and dagger in a place like Africa and should be expected. 

CCD smokin the CBD and dreamin about some big wads of CAD. ;)-

[Cancundude]

Oh and to settle the most recent bickering. The company set out with 80 trucks of materials from walrus bay to the site. Give the large amount of oil activity to the north and to the south, needed supplies and expertise is readily available. Man some of you guys got your panties a little to tight and need to chill. Not sure how bashing each other makes you feel good. If you don't like someone&

[Cancundude]

Faaaack. Forgot to mention drill site 3 may change as the seismic data roles in as they expect they will have a much clearer picture of possible reservoirs. They plan to keep the best for themselves and farm out the other 5. Seems they expect to have 6 conventional well locations. Okay now my joint went out and dropped my lighter in the pool. The things I do for you guys...and gals...never hear me

[C6J6Dub6U]

we are going to be friends and meet after all this. I'm from west kootenays. Private msg me where u are from if you want more privacy hahah

[NameOfTheGame]

Heh. Courtenay, BC my friend.

[crude]

IT'S JUST THE BEGINNING - was the last thing i heard !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!