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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

Reconnaissance Energy (Africa) Ltd > Bullboards are amusing
View:
Post by hipfner on Feb 05, 2021 6:01am

Bullboards are amusing

There is no usher at the door, no cover charge and no resumes required for entry.

---------------

RECO has potential, which is why knowledgable people have invested, including management.

Realistically it could be worth $20 with good drilling results.

But speculation and mania can drive that 10x higher. That's reason to hang around.

Anyone who has invested in the 3rd world knows that discovery does not equal success over the long term. I can't count the number of companies I've owned that were destroyed by war, government, terrorism and theft.
Comment by darb on Feb 05, 2021 7:19am
Yes, try investing in Quebec! Ask Questerre.
Comment by NameOfTheGame on Feb 05, 2021 10:17am
I dunno man, ever been to Namibia? It's developing for sure, but I would say it's a middle to upper middle income country. If there was any country you wanted to do business in, it would be namibia. Nice roads, stable democratic government, supportive of development. I wouldn't worry too much about those things.
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