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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

View:
Post by cyrustg on Mar 03, 2021 2:20pm

re : Timeline

No news until all three wells drilled  as per the company (big mistake in my opinion ).

Each well is 80-85 days to drill  , sometime in SEPTEMBER !

Hope the company relents and releases news one way or another .

Ciao
Comment by Fuqufrank on Mar 03, 2021 2:30pm
That fine.  Everyone seems to be fixated on green energy stocks at the moment but all that stuff is unsustainable by itself. A few months from now everyone will be crazy about oil.  I don't think it will go to pre-drilling share value (I could be wrong). It just doesn't make sense. Selling for the moment so that you could make a little more seems to me more dangerous (a ...more  
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