RE:ReconAfrica is a scam!The easiest way to back up in what you write is to Please short this...if you think it is a scam please go short with the other clown Frank. Oh yeah , you will not short because you have no money !!
jimgeorge wrote: Hello everyone, Jimgeorge is back. I was the one who blew the whistle on Bronco Energy (remember them? $18 to zero when they were exposed as frauds). I now see a similar game with Recon. Their information releases are short on facts and intentionally misleading. (Just what exactly is a "Working" Petroleum System anyway?) The oil and gas shows they claim to have encountered in the first well - what exactly are they? Oil staining in samples? Gas detector readings? Oil shows in the sidewall cores? What did the well show? Any oi pay on logs? And if there was reservoir rock with oil "shows", did they run any drill stem tests?
Recon has basically released no information at all on the first well, just hype and innuendo. When (if) they ever release any actual facts I will present my technical interpretation. Till then BEWARE, they are definitely pumping the stock on misleading hype.
Good luck to all, please don't get burned like a lot of Bronco shareholders did.
Jimgeorge