Another POWERFUL HINT that hole #1 is SUCCESSFUL.... VANCOUVER, BC, Feb. 18, 2021 /CNW/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSX-V: RECO) (OTC: LGDOF) (Frankfurt: 0XD) is pleased to announce that Mark Gerlitz has joined the Board of Directors of the Company.
You may wonder, what is the point his coming to RECO.V company.
Well, I look at corporate body language as a hint of success or failure.
So why hire him now and, more importantly what does he specialize in?
Here is the answer:
He has advised special committees on hostile and friendly business combinations, including multi-billion-dollar international energy transactions requiring foreign investment approvals.
https://ceo.ca/@newswire/reconafrica-appoints-mark-gerlitz-to-the-board-of-directors
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If hole #1 was not successful, there is no point hiring Mark Gerlitz as you would only have sand.
BUT, if you have a Petroleum System in Place (which should be obvious to them by now in drill hole #1), then you want someone who has EXPERTISE in HOSTILE or, friendly MULTIBILLION DOLLAR energy transactions that need foreign approval, in this case Nambia.
Smile.....lots of people are gonna be RICH.
My personal opinion,