Reconnaissance Energy (Africa) Ltd V.RECO

No q and a - a BIG DUD!

[pacer001]

I was very disappointed in the cc. The only good thing is that they are working on getting a good partner.

[Stampeder]

I was hoping for an update on the JV, but likely too soon for that.  Going forward the acquisition of additional seismic and the plans to drill 5-1 sounds promising.  Next catalysts expected are the announcement of a JV partner and a spud date for 5-1.  While not the massive news I was hoping for, I upped my stake today and will reasses based on next drill results. GLTA

[peterj99]

My guess: long term this will be a huge winner not for the impatient

[vitreum3]

looks like  long term means the lifespan of your grandchildren. There is no significant source rock in this basin, ergo there can be no substantial oil.  Their cliam that there is source rock is an outrageous interpretation of the geology. Even if they do  get a hit and and find some live oil, it will require a great deal of oil  to extract and transport to a consumer in

[Frank007]

Told you so.....you just had to go to Namibian geologist site ....it show you the age of the rock in this area ....off shore Namibia there is some but here ...no

[Holdrrrr]

I bought $25 worth yesterday on the pump lmao.  Thank god I didn't buy a big amount.  Only have $17 now :\

[peterj99]

Vitamin3 I think you are suggesting that I short the stocks that I buy but then their price would rise so I should short my stocks and buy them too sounds good to me just for you info: I own a 96 olds cutlass and I have a double paper route I am doing just fine and I pay no rent to mom Her basement doesn't leak