Reconnaissance Energy (Africa) Ltd V.RECO

Some good press today but I don’t think ...

[pacer001]

... it got a lot of attention with this Russian business. On Seeking Alpha:

"

Reconnaissance Energy Could Be Sitting On Billions Of Oil Barrels

Mar. 07, 2022 8:42 AM

"

[jimgeorge]

Here you are, Corey.  "Billions of barrels" - the article actually says 30 billion barrels.  Can't get much more misleading than that.  And maybe Recon didn't write it, but don't be naive.  No self-respecting analyst will publish a report without running it by company management first.  They send it too management and say "got any problems with

[CoreyB]

Explain how this is misleading?  They have proven that there is oil in place.  Never said it was commercially viable so far, that has yet to be proven.  Are you going to stand by your assertion that all published articles have been vetted by company management?  I am suuuure that management gave the ok for published articles by Viceroy!!!!!  No self-respecting investor

[pacer001]

When posting please indicate who you are replying to. I am sure you meant that negative guy jimgeorge and not me, pacer, in that I hold Recaf and back them. 

[CoreyB]

lol no not you pacer, it was directed at jim.

[jimgeorge]

Yes, I stand by that....every article published by a respectable news outlet (or ones that wannabe respectable, like OilPrice) send their pieces to company management for comment.  Management may choose not to comment, which constitutes a tacit approval of the article.  If management wants to work with the publication, they will often "help" the writer by ensuring the facts are