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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 Frank007 on Apr 08, 2021 5:49pm

waste of time ...

if  this play yeilds 1000 barrel i will apogize and eat crow .... been in the oil buisness  since 1972 and  know when the chicken is being plucked
Comment by Turned2Gold on Apr 08, 2021 6:35pm
Q - Jiffy-Lube or Mister Lube?
Comment by stiffupperlip on Apr 08, 2021 8:41pm
Stiff isn't the smartest investor but these guys drilled the well off an aeromag survey so in some respects this type of stupidy explains the dry hole result. Next one looks to be of an aeromag as well. It will take up to a year to do the 2D and interpret it. This is just wasting shareholders money and time.
Comment by Oreelly on Apr 08, 2021 9:57pm
You might try doing 20 minutes of google DD research on Recaf's intentions on the first 3 wells before posting FUD. They are stratigraphic wells and they had zero intention of finding oil. Try working on becoming a smart investor. 
Comment by Ca01an on Apr 09, 2021 6:57am
It's already been said multiple times that they are going to wait until the three wells are drilled before releasing a proper report detailing results, I don't know why you were expecting this after the first well
Comment by scatman on Apr 11, 2021 2:20pm
What are your top two energy picks? 
Comment by simon19 on Apr 11, 2021 9:10pm
Cnq cpg
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