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

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

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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 > U.S. Senate is now DEMOCRAT....bullish for OIL....
View:
Post by Hiddensecrets on Jan 06, 2021 12:24am

U.S. Senate is now DEMOCRAT....bullish for OIL....

Senate runoff was given to two Democrats which means that they now control the Senate, Congress and Presidency.

It is means peace around the world with BIDEN as he mends the fences and increases commerce.

It means a very bullish environment for oil as nations enjoy a time of prosperity and exchange. 

A higher price for oil, means greater interest in our project from partners. 

MPO
Comment by Goaweigh on Jan 06, 2021 1:56am
I suggest that the only influence Biden has over the oil price is if he decided to ban fracking in the US which he's said he won't do. The oil price is almost entirely at the mercy of the Saudis and Ruskies who are always negotiating oil price truces but are always screwing each other anyway. When one or the other gets fed up they open the spiggot and oil crashes and then they pretend to ...more  
Reconnaissance Energy (Africa) Ltd
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