Post by
Hiddensecrets on Apr 15, 2021 9:01am
RECO is sitting on an OCEAN OF OIL
Hole #1 was a wildcat hole, they were not expecting to hit BTU and light oil in such large quantities 200 meters.
The fact that they did hit without seismic data means that RECO is sitting on an OCEAN OF OIL.
Hole #2 will evaluate MAXIMUM THICKNESS.
So far we have two holes that confirm PETROLEUM SYSTEM IS IN PLACE.
ST-1 drilled in prior decades (our neighbours) and, our hole 6-1 which is a continuation of what our neighbour found but on RECO land.
Highly porous means oil is easy to get to and, it is a matter of find the traps to where it has flowed on the land. The 450 km 2d seismic data will accomplish this.
CONGRATULATIONS.
We will rally for a long time as project has been de-risked.
mpo
Comment by
teheran10 on Apr 15, 2021 10:13am
WHERE ARE ALL THOSE LOSERS FROM THIS AND LAST WEEK SAYING THERE IS NO OIL, DUD, ALL THAT RUBBISH THEY ALL KNEW MORE THEN THEY SHOULD HAVE. Some of you probably sold because of them. There is a special place in hell for those boys believe you me. $150-$250 here we come TurnToTheLeft hahahaahhahahahah
Comment by
Crunch5555 on Apr 15, 2021 10:27am
The losers just move on to a new stock to bash..its what they get paid to do.Sad life being a troll.
Comment by
alexinvest on Apr 15, 2021 10:43am
What do you think of today's news ?
Comment by
Chas15 on Apr 15, 2021 11:35am
Teheran, he's on your side. I don't understand your constant dodging of what he has asked you. He wants to know, factually, why do you see the SP going to triple digits. That's it. You can't seem to grasp the concept of backing up your claims. Anyways, this is good news for all us longs. Congrats.