Post by
Hiddensecrets on Jan 18, 2021 11:55pm
Brillant Strategy: Withhold results for MAXIMUM LEVERAGE
Exxon, Shell and others are in Africa, probably have spies and, are following RECO very closely.
With Reco withholding all of the drill resullts and releasing them all at once gives them leverage over the majors as they protect against a hostile buyout.
Shareholders will know what they own with the drilling results and, a bidding war will result with the majors for a piece of the pie from Reco. Biddng starts at $ 100 per share.....
Brillant strategy by Jarvie.
Remember a very modest 500 million barrels of oil = $ 24 stock price per Haywood.
We are targeting 120 billion so you can easily understand why Reco is trying to keep this hush.
MPO
Comment by
caliche on Jan 19, 2021 3:18am
Who ever said being in green is worse than red..find a new hobby. As for selling I'm still buying. I'm in at .41 plus the Lund shares from the corner of my pf and will buy up to where my cost is half of the share price. That way I've got a nice cushion all the way up I've learned to lean into winners.