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couldbebetter

02/09/23 10:36 AM

#951 RE: Amatuer17 #949

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.