Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.


TSXV:RECO - Post by User

Post by pacer001on Aug 30, 2022 11:47pm
272 Views
Post# 34931461

NeftyIvan’s post has given me a BIG headache

NeftyIvan’s post has given me a BIG headache

Ok, I am not a technical guy but I have been investing in mining and energy companies since I was a youngster. Recently they have been putting out and making available to investors tons of data that they did not do years ago. Yet I can pretty much follow what is going on and understand most of it.

Yet with Recaf every time I see a light at the end of the tunnel it turns out to be another speeding train slamming into us. 

This NeftyIvan individual seems to be pretty knowledgeable to me as some others on this board. So the picture that is coming into focus for me is that we still are mired in technicalities and studies and will seem to be for some time.

Now I thought with all these experts, drillings, and technologies that things should be zipping along unlike the old days (famed old timer geologist Mr. Marshall looking for fossils in the Alaskan Tundra) and hit and miss drillings. 

i just don't get with all the money, people, technologies and time put into this we still seem to be floundering and a gusher a long, long way off. 




 

<< Previous
Bullboard Posts
Next >>