Reconnaissance Energy (Africa) Ltd V.RECO

16 Large Fold Structures in the Damara

[rexdunx]

Let's take a little gander at what really happened here.  Seismic signaled to management that there is a massive opportunity in the Damara.  Structures they have high confidence in within the foldbelt... 16 of them.... let that sink in.

[jimgeorge]

Let's try to use a little critical thinking here...a few months ago, seismic and their wildly successful "active petroleum system" wells indicated a massive opportunity in the Karoo Rift Basin.  Now it's the Damara fold belt...what will it be by next year? You really have to read between the lines in their press releases.  Recon made it clear that their first wells

[pacer001]

"Massive opportunity"? For who? Certainly not for us investors! But for the market manipulators!

[WildWilly1]

Wildcat Drilling is what this play is 1st & foremost, the more info you have & can utilize makes your chance of discovery more viable. Keep being negative and I'll keep being positive. You can spin whatever B.S. you want, I would rather them take some more time and try to get the best Spud location they can. You don't invest in penny stocks thinking your going to hit big in the

[farml1234]

Structures they have high confidence in within the foldbelt... 16 of them time to send the drilling rig into that area  !!!!!!!!!!!!!!!!!! With a data room open one has to wonder if one of the big boys looking found these structures  jmho