Reconnaissance Energy (Africa) Ltd V.RECO

The “Witch of Wall Street” strikes again! Recaf to benefit?

[CammerRec]

Now I don't know this lady Cathy Wood, the current guru or whatever of Wall Street but I think she has gone off the rails with her recent pronouncements.

The sad part of this all is that she has gained "currency" with her constant attacks on oil that is pulling badly needed funds from oil research and development. I think all this could contribute greatly to Recaf soaring as long as we forge ahead and don't buy into this nonsense as others do!

Her latest nonsense:

"Cathie Wood is calling for a drop in oil prices, likening the crude market to the extinction of whale oil in the early 1900s.

"The rise in oil prices this year is a function more of supply than demand. At the turn of the 20th century, whale oil faced the same fate and whale oil prices fluctuated dramatically. If @ARKInvest's research is correct, oil prices will suffer the same fate as whale oil prices," Wood said in a tweet Thursday evening."

[CammerRec]

Let us remember that unlike Cathie's whale oil comparison, today's oil has no real viable replacement. Real oil and electicity were a real quantum leap forward in replacing whale oil for lighting and heating in the last century. No technology today really exists to replace oil which is as badly needed as water. Gasoline powered cars today are SIXTEEN times more efficient than the best

[CammerRec]

Why we need to accelerate exploration and development as others don't to cash in as they cash out. See below from CNBC: "That said, based on ESG mandates, pension funds are demanding that oil companies cut back on capital spending while US banks, in response to the collapse in oil prices last year, are denying fracking companies of loans for capital spending, and OPEC is holding the

[CammerRec]

Yup, Cathie hits another BIG one! A real   ... loser and one of her top picks. See below from 100621. But her biggest dud pronouncement will be that oil is dead. How and why did she get elected to be the "Wizardress of Wall Street"? "Ginkgo Bioworks plunges 24% after short-seller calls it a 'Frankenstein mash-up of the worst frauds' "  

[allnrg]

Thanks Cammer another Useless post from you, how many more you got coming ???

[CammerRec]

allnrg, not as useless as you endless bragging about your duck hunting exploits here. Quack, quack! ps  My counts are some of the most consistently high on this board. 

[Moneycat]

I agree with Allnrg.  Cammer...Are you on here to make money or get likes??  Seems you just care about likes...like a teenager,  You seemed to ignore my question about how many shares you actually have?? I think your constant dribble actually turns people off from coming to this board.