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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Recaf: H U G E. Expose! The first of many?
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Post by pacer001 on May 30, 2023 10:21am

Recaf: H U G E. Expose! The first of many?

An excellent expose! A fine example of good old fashioned "boots on the ground" journalism.

https://www.rollingstone.com/politics/politics-features/oil-drilling-africa-destroy-wild-land-namibia-recon-investors-1234697088/amp/

Comment by pacer001 on May 30, 2023 10:36am
There is a massive amount to digest in this article but a key point: "one angry investor posted. “Two years of drilling, no indication of ANY exploitable oil … Misleading statements and false hopes pushed.”"
Comment by farml1234 on May 30, 2023 12:45pm
Just a Bull Manure artical by another shorter  jmho
Comment by farml1234 on May 30, 2023 2:09pm
Great pic showing oil on the water , just one problem ! Down on the farm it is nothing unusal to see a oil sheen on stagnet water from natural sources ! One can bet the shorts are behind the artical  jmho
Comment by Megamined on May 30, 2023 4:17pm
What oil??? Apparently there is none and we are all fools for investing. How can this possibly be? 
Comment by pacer001 on May 31, 2023 2:02am
So Craig has wondered off from Recaf and now between polo games is hawking a helium "opportunity" in Kansas? Does this involve blowing balloons up for children's parties? ps Just kidding! I know it is used in key industrial processes.