InvestorsHub Logo
Followers 59
Posts 7380
Boards Moderated 0
Alias Born 10/20/2014

Re: Amatuer17 post# 949

Thursday, 02/09/2023 10:36:26 AM

Thursday, February 09, 2023 10:36:26 AM

Post# of 1024
True, except that RECAF has an enemy called time. The acreage is
not forever. (I think the clock starts to run out once they have a declared
commercial discovery.) Given the massive acreage held the more drilling
rigs running the better. Ideally, RECAF will bring in several JV partners.
(Maybe each one will have a certain geographic area to cover.) Be careful
in suggesting what the absolute value may end up being. If the acreage
turns out to be very prospective I would look for a BO, but well before the
share price has a chance to hit $20. Thus, in my opinion that may place
a cap on the share price. Anyhow, right now this will be fun to watch play
out.