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Bullboard - Stock Discussion Forum 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... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Environmentalists are INDIRECTLY confirming OIL DISCOVERY
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Post by Hiddensecrets on Feb 02, 2021 9:31am

Environmentalists are INDIRECTLY confirming OIL DISCOVERY

Reco is drilling 250 kilometers away from the Okavango Delta, that is like 2 hours away driving by car.   It is a very long way from the Delta, hence the consultants remarks make sense as the local farmers, those whom are close by and are in the know are for this project and, so is the government. 

At one point the company had to hit back hard by showing the environmentalists true colours that they are motivated by their own GREED for colonization purposes, not by their any biological sensitive concerns. 

RECO has gone on record countless times saying that they are going to be drilling for CONVENTIONAL OIL and not fracking.   They have even amended their license to remove some areas from drilling altogether. 

The only thing I read into this is that RECO has found OIL, otherwise there was no reason to have their consultant lash out, nor would there be any reason for the environmentalists to continue to oppose the drilling. 

Do you really think that the country of Nambia will choose to continue to live in poverty if they are sitting on an oil discovery that is biggest than that of Saudi Arabia, simply to keep the path open for some elephants that are 250km away from this project?

I think that consultant lashing out was done with permission from company and, from the government itself.  They want their 10% cut as it represents MASSIVE windfall of money. 

If you listen to environmentalists all the time, we would be living in the cave communities eating bananas as our main supper. 

I am glad they hit back and, I would also include a lawsuit for sabotage and defamation against the environmentalists.    

MPO
Comment by werROBINHOOD on Feb 02, 2021 9:39am
The following is displayed directly above this post. Read the last sentence. Mixed messaging is not good. Reconnaissance Energy Africa Ltd, formerly Lund Enterprises Corp is a junior oil and gas company engaged in the exploration and development of oil and gas in Namibia. It holds an approximately 90% interest in a petroleum exploration licence in northeast Namibia which covers the entire ...more  
Comment by CoreyB on Feb 02, 2021 10:09am
Where in that statement did it say that RECO was doing fracking?  It only states that the basin has the potential for both conventional and non-conventional, not that they are pursuing either.  You are reading too much into it and scaring yourself or trying to scare others to get yourself cheap shares.  Either way you need to stop with the bs.
Comment by mydogchach on Feb 02, 2021 10:13am
Of course the Kavango Permian offers convential and non-convential opportunities. Fracking was not included in the current permit - but there's nothing wrong with the statement. CoreyB - (2/2/2021 10:09:53 AM) RE:RE:Environmentalists are INDIRECTLY confirming OIL DISCOVERY Where in that statement did it say that RECO was doing fracking?  It only states that the basin has the ...more  
Comment by werROBINHOOD on Feb 02, 2021 10:26am
Listen to the investor presentations. 
Comment by Ebenizer3 on Feb 02, 2021 10:55am
"Schizophrenic conversations" staind. Since when does a trader care about anything other than pump the stock up and then ride it back down.
Comment by kanemochi777 on Feb 02, 2021 10:31am
DUE TO  OUTSIIDE  TIP ON OIL >ANY DAY  HUGE RUN COMING  TICK TACK  $$$$$$$$2=17/2=18 (((((IMVESTOR PRESENTAYION )))))))))) =======TO DA MOON -- GET YOUR TICKET  BEFORE TOO LATE ==DO NOT =MISS THE CHO CHO TRAIN $$$$$$$$$$$$$$$$$$$$$$$$$$$$
Comment by Adwari on Feb 02, 2021 8:59pm
Africa need lots of oil. They drive gas (oil) gazzling SUV cars, including the environmentalists. Go RECO.
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