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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 CammerRec on Oct 21, 2021 9:50pm

The war on Canada

As I posted previously, it seems the radicals are out to get Canada in particular. Well, I am not the only one; see the below article in OilPrice.com. But they forgot to mention Recaf and the opposition that is trying to be raised against a Canadien company exploring in Africa.

https://oilprice.com/Energy/Crude-Oil/Canadas-Oil-Industry-Is-Facing-Resistance-On-All-Fronts.html
Comment by CammerRec on Oct 21, 2021 10:01pm
Oops, I think I found that this OP.com article has got a major blunder in it but am not sure. From the below it states Line5 transports Canadien crude from Wisconsin  (since when did Wisconsin become a Canadien province?) to Ontario. Why would they be sending Canadien crude back to Canada? Years ago I lived up north by this pipeline and always heard that it was Canadien oil coming to the ...more  
Comment by JohnnyDoe on Oct 22, 2021 5:11pm
Line 5 transports oil from western Canada thru Wisconsin and Michigan to Ontario. A lot of that oil is used in Michigan itself. Shutting it down would create significant harm in parts of Canada and in the Northern US. Enbridge has applied to build a tunnel to solve Michigan's concerns and Michigan doesn't have the legal authority to shut down the pipeline The is another very public ...more  
Comment by CammerRec on Oct 22, 2021 8:39pm
Thanks JohnnyDoe. That explains it for me. Sad that this is happening to Canada and the US bears the burnt of it. As a US citizen, I like many others, I do not agree or support actions not favorable to Canada. 
Comment by JohnnyDoe on Oct 22, 2021 11:18pm
The Canadian government has actually invoked a treaty from about 1970 between our countries regarding energy independence which states that one country cannot interrupt the energy independence of the other country in a situation where oil flows from one country through the other back to the originating country The treaty was originally intended for a pipeline from Alaska to the United States that ...more  
Comment by jimgeorge on Oct 23, 2021 3:01am
The major blunder in that OilPrice report was that they referred to Justin as the "president of Canada".  Nice work!
Comment by JohnnyDoe on Oct 23, 2021 7:42am
There's an obvious difference between articles written by analysts and published on that site versus the cheerleader stuff the site writes. The cheerleader stuff is awful and often full of mistakes The reco content they had got the word out I suppose but it was cheerleading
Comment by CammerRec on Oct 23, 2021 1:40pm
JimGeorge, there are so many things that are actually wrong with today's reporting that I now see errors all over.  And even supposedly "authorative" sources have major simple things wrong. As to our neighbor to the north one would expect that media people would know the simplest things about it. They don't. Another glaring example that I see often is stating that Queen ...more  
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