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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 > RECO is sitting on an OCEAN OF OIL
View:
Post by Hiddensecrets on Apr 15, 2021 9:01am

RECO is sitting on an OCEAN OF OIL

Hole #1 was a wildcat hole, they were not expecting to hit BTU and light oil in such large quantities 200 meters. 

The fact that they did hit without seismic data means that RECO is sitting on an OCEAN OF OIL.

Hole #2 will evaluate MAXIMUM THICKNESS.

So far we have two holes that confirm PETROLEUM SYSTEM IS IN PLACE.

ST-1 drilled in prior decades (our neighbours) and, our hole 6-1 which is a continuation of what our neighbour found but on RECO land.

Highly porous means oil is easy to get to and, it is a matter of find the traps to where it has flowed on the land.  The 450 km 2d seismic data will accomplish this.

CONGRATULATIONS.

We will rally for a long time as project has been de-risked. 

mpo
Comment by teheran10 on Apr 15, 2021 10:13am
WHERE ARE ALL THOSE LOSERS FROM THIS AND LAST WEEK SAYING THERE IS NO OIL, DUD, ALL THAT RUBBISH THEY ALL KNEW MORE THEN THEY SHOULD HAVE.  Some of you probably sold because of them.  There is a special place in hell for those boys believe you me.  $150-$250 here we come TurnToTheLeft hahahaahhahahahah
Comment by Crunch5555 on Apr 15, 2021 10:27am
The losers just move on to a new stock to bash..its what they get paid to do.Sad life being a troll.
Comment by TurnToTheRight on Apr 15, 2021 10:40am
Well I am a happy camper with the share increase, I never sold, and frankly never said anything negative about the prospect, I was simply grounding expectations and correcting incorrect assumptions. It just appears that you were too STUP1D to comprehend what I was actually saying. And you never did answer my quarstion, what do you do for a living (to gauge your ability to think critically rather ...more  
Comment by alexinvest on Apr 15, 2021 10:43am
What do you think of today's news ?
Comment by teheran10 on Apr 15, 2021 10:55am
Get lost
Comment by TurnToTheRight on Apr 15, 2021 11:15am
@Teheran10: please, take a bow, another intelligent post. You never answered the question, nor do you ever address any rational argument to your position. Go back and look at all of my posts, they are not bashing, I just disagree with someone's position (half the time it's yours) and back up why I think what I do with facts and numbers, and yes, I leverage some of my experince in the oil ...more  
Comment by teheran10 on Apr 15, 2021 11:23am
Sir, I am an INVESTOR not a geologist, I have people working for me who do the leg work. I must admit that I have spent countless hours reading about this company and gig. That is good enough. I do not need to argue with you, you know more then me, but there are lots of smart people who do not have the Business mindset and do not take a chance where it is presented to them.  From the very ...more  
Comment by Chas15 on Apr 15, 2021 11:35am
Teheran, he's on your side. I don't understand your constant dodging of what he has asked you. He wants to know, factually, why do you see the SP going to triple digits. That's it. You can't seem to grasp the concept of backing up your claims. Anyways, this is good news for all us longs. Congrats. 
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