Reconnaissance Energy (Africa) Ltd V.RECO

How much worse can it get?

[pacer001]

Now President Biden is banning fossil fuel exploration and development. But will this cover us being a Canadian company in Africa? I am losing and thinking of dumping if things get much worse.

https://www.bbc.com/news/world-us-canada-55872331.amp

[Fastvinny]

I doubt this will be put into law in the US , the GOP would squash anything that involves diminishing oil companies and near term . At the moment this is all talk and there will be major push back .  i have a lot of green shares , Aqn , INE ,  NOU , Plan , Gdnp  ETC...those will be great in a few years. In the meantime i've buying RECO and increasing my Suncor position . 

[peterj99]

When oil and gas are gone, how will they make plastic? Will the covid masks be made of wind and sun? What about all the hospital uses for plastic. And the fabric industry LOL (down with polyester!!!)   no pun intended Try making clothing and using only sun and wind good luck in a plastic free world welcome back plantations of rubber trees and clapboards sidngs. Back to the good

[Yolostar]

lol well said @peterj99 .... here's another fun fact....it takes 7 gallons of oil to make 1 car tire....i would assume tires aren't going anywhere anytime soon, unless Tesla really takes it up a notch...

[crude]

BIDEN OKs FRACKING - to help with the fuel demand - where are all the protesters !!!!!!!!!!!

[Bpultra]

============== you have a link ?

[Ebenizer3]

one word 'tax loss sale ' dump it, u will feel better about ur self. fastvinny gave u some tips, I'll add 'heat" to that list mainly because it's the only one I can remember. One day queen Greta is going to find out where all this copper,cobalt, lithium comes from and she won't be happy. If you're using a computer or a phone just put down it's all petroleum