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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 > How could they miss our discovery for that OP story?
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Post by pacer001 on Jan 20, 2022 6:29pm

How could they miss our discovery for that OP story?

Comment by Oregonduck on Jan 20, 2022 7:19pm
Like any blockbuster drug discovery, it has to undergo the rigors of peer review.  Reco saying they have found a major oil discovery in Africa doesn't make it so. Doctor Granath said there are an estimated 120 billion barrels of oil-in-place based on 2 wells without any oil flow tests was like a Jesus moment. Everything said by the Co was based on paid consultants. They invited all the ...more  
Comment by Matteo1234 on Jan 21, 2022 1:10am
These huge OIL companies cannot pull the trigger as fast as you think. They need at least a year or more to get it through their channels. You seem to be a cheerleader on down days. Not sure what your agenda is ? . Stayhard
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