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

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

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

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Post by Peaches1 on Jan 23, 2021 11:09am

Reco

I worked over 30 years for a major oil company. Let's get one thing straight. When your drill a first well you are looking to hit oil and if you don't it is a major disappointment.
Comment by Letsmake1 on Jan 23, 2021 11:16am
Member Since: January 23, 2021
Comment by ratsnake220 on Jan 23, 2021 4:11pm
lets make...thanks for posting the date member joined up...often i go to profiles...this will tell you soon who are the pumpers and who are the shorters....if you check mine you will see many posts on different stocks and that i have been on sh for years....So i dont fall into a recent sign up..who only posts here..Thanks for pointing that out
Comment by C6J6Dub6U on Jan 23, 2021 4:36pm
I've been watching this stock since .70. Never jumped in until 1.19. Regretted selling at 1.58 because it well from 1.80. Got back in too late at over 2 bucks Traded before. Not lots. Of course I'm going to post positive remarks about this stock. Look back at my posts you can see I posted positive and negative
Comment by teheran10 on Jan 23, 2021 4:33pm
Peaches you are full .... If we drill 5 holes and there is not a sniff of oil, I would say it is disappointing.
Comment by investor55x on Jan 23, 2021 11:27am
Here we go again with nonsense and invented fairy tales by some shorters. It's really a shame.
Comment by Elephants on Jan 23, 2021 4:57pm
And in those 30 years, have you not drilled a st?
Comment by ubiquitousman on Jan 23, 2021 7:43pm
by "st", I assume you mean "strat test"?
Comment by Elephants on Jan 23, 2021 10:45pm
Yes, they haven't said the diameter but I can see this being anything but a st well. It's going to be too small to produce anything even if they find something. It does not need to produce anything either to significantly increase the value of the company. This clown that posted claiming 30 years experience does know jack. Probably never even seen a rig in real life. It's like those ...more  
Comment by hydrocarbss on Jan 23, 2021 8:52pm
Where do you drill? Ever encounter an entirely unexplored basin? Where is the takeaway capacity in an undeveloped basin coming from? Ever drill under an exploratory license as authorized by the nation of Namibia? Do you know what exploratory means? When you drill a first well just where, exactly?