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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 > Another POWERFUL HINT that hole #1 is SUCCESSFUL....
View:
Post by Hiddensecrets on Feb 18, 2021 12:15am

Another POWERFUL HINT that hole #1 is SUCCESSFUL....

VANCOUVER, BCFeb. 18, 2021 /CNW/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSX-V: RECO) (OTC: LGDOF) (Frankfurt: 0XD) is pleased to announce that Mark Gerlitz has joined the Board of Directors of the Company. 

 
You may wonder, what is the point his coming to RECO.V company.

Well, I look at corporate body language as a hint of success or failure.

So why hire him now and, more importantly what does he specialize in?

Here is the answer:

He has advised special committees on hostile and friendly business combinations, including multi-billion-dollar international energy transactions requiring foreign investment approvals.

https://ceo.ca/@newswire/reconafrica-appoints-mark-gerlitz-to-the-board-of-directors
======================================================================

If hole #1 was not successful, there is no point hiring Mark Gerlitz as you would only  have sand.

BUT, if you have a Petroleum System in Place (which should be obvious to them by now in drill hole #1), then you want someone who has EXPERTISE in HOSTILE or, friendly MULTIBILLION DOLLAR energy transactions that need foreign approval, in this case Nambia. 

Smile.....lots of people are gonna be RICH.

My personal opinion, 

 
Comment by teheran10 on Feb 18, 2021 1:18am
I was about to post the NR as well. Wow these are all HIGE HINTS that the drilling is going exceptionally well. RECO would not hire a guy like Mark for nothing. Amazing Amazing Amazing.  These little big hints only reinforce the suspicion/fact that lots of oil is being discovered.  now we should not be talking about $5-$7, now we should be talking about $15-$20 stock within weeks ...more  
Comment by GorgeousGeorge1 on Feb 18, 2021 2:58am
Got to admit it, that is pretty interesting. They'd be almost done with the first drill, they have a good idea of what's there
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