RE:CORPORATE body language: MAJOR SUCCESSSo a lull in news till mid summer and then beginning of fall, that is drilling news and institutional investment. Quite apt that you pointed to the $6 mark. Looking at the volume by price there is a big gap between $7.50 and $5.50. Not that Im saying that the price could. Float down to there, but technically speaking something is going on. Let's face. It this is a gamble. I hate to say it, but their are many unknowns still to work themselves out. And thus the high risk and high reward. I'm on the fence about putting new money into reco. Maybe I'll wait to see how the bigs pan out and then pull the trigger. But for now I'm comfortable with my investment. Ive made a nice return by watching this board. You guys are great. I really appreciate the well researched analysis. Take the good and ignore the bad. GLTA
Hiddensecrets wrote: Scot Evans of RECO will be making a MAJOR PRESENTATION in September 2021 before these major oil companies:
EXXON MOBIL
AFRICA OIL
SHELL OIL
TGS
BP
CNOOC
PROGRESSIVE
COSMIC ENERGY
STELLAR ENERGY ADVISORS
The conference is in September 2021.
By that time they will have enough data on hole 6-1 and 6-2 to present to these MAJOR CORPORATIONS.
RECO would not be a SILVER SPONSOR presenter if they did not have a SUCCESSFULL drill in holes 6-1 and 6-2. This is strongest hint ever that we are expecting MAJOR SUCCESS.
At end of July 2021 we will have BLOCKBUSTER NEWS, we will also fry the shorts.
The best way to valuate RECO is at $ 6 per barrel of oil which is in their reserves.
So say we have 1 billion barrels of oil, then a $ 6 billion valuation is justified.
Jarvie says we CONSERVATIVELY have 120 billion barrels of oil.
Therefore you do the numbers, they are way off the charts and, as management says, the SKY IS THE LIMIT.
https://www.frontierenergy.network/events/africa-e-p-summit-2021/speakers
mpo