Reconnaissance Energy (Africa) Ltd V.RECO

Safer in Canada than in the Gulf of Mexico

[pacer001]

Down here in the Gulf of Mexico there are more reports of Russian Bear nuke bombers buzzing around from their base on the island of La Orchila some 160 miles from Caracas and just a few hundred miles from the main energy center of the US. I worry if they have those long range super sonic missiles they could hit us even though we have a lot of our fighters shawdowing them. Surprisingly they have seemed to shave stopped intruding into Alaskan air space and buzzing Canada; maybe because of the buildup of Allied forces in the Far North?

Again I wonder why Namibia and Recaf with its huge oil deposits in a safe area is not soaring in this tense era.

[CatoCan]

Well if the russians end up bombing the gulf coast thats the end of the world so it doesn't really factor into people's investing choices. No point in owning stock if the stock exchenage is gone lol

[CatoCan]

Well if the Russians do bomb the Gulf Coast no security is going to be worth anything cause it will be then end of the world. If you really think this is a likely outcome ditch stocks and start stocking up on water and canned food

[pacer001]

The general assumption is that the Russian nuke arsenal, though huge, is old and ill maintained and most probably won't work. Is doubtful if their military would want to or even could launch a massive all out offensive. The reality is that some Putin loyalists could get one or two of these hypersonic missles off into US territory for shock value.  As to stocking up, folks in the South

[hurko87]

This post has been removed in accordance with Community Policy

[MJVigilante]

i would imagine it is because the costs to get to and harness the resource is going up too.  Also timing between the costs now and the oil price in the future.  if they were operational now i bet we would have seen great attrition.