Strategy guys

[5%PerDayCompounded]

I have invested in Jr mining and oil stocks as well as directly in the wells themselves. Most are very chancy just like the OTC as a whole.

I have worked for the most part mainly for the majors. The juniors have to do farm in deals and other creative ways to raise capital.

In 2009 I worked in the Chicontepec Basin in Puebla and Veracruz States. We had 45 rigs running and over the weekend we went down to 7. At that time, the wells were not producing as expected. Recon has an $85M balance owed to the Mexican Gov.

Recon already has public view and environmental problems. They only get worse and unless you are a major, the costs of the lawsuits are huge.

If Recon drills and announces a big find, sell on the run up. It takes years from discovery to producion.

https://www.otcmarkets.com/otcapi/company/financial-report/360690/content
https://www.otcmarkets.com/otcapi/company/financial-report/360691/content

https://www.nationalgeographic.com/animals/article/oil-drilling-reconafrica-okavango-watershed-protected-wilderness
https://www.rollingstone.com/politics/politics-features/oil-drilling-africa-destroy-wild-land-namibia-recon-investors-1234697088/