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re: Could this be the next big play? (RECAF)

Posted on 4/27/21 at 6:59 pm to
Posted by GREENHEAD22
Member since Nov 2009
19627 posts
Posted on 4/27/21 at 6:59 pm to
That is a very broad loose term that can mean anything from a screaming producer to they found trace oil in cores/cuttings. Even if it is a solid find this is a shale play, not conventional. Then you have to account for there is zero infrastructure in the area.

A long way to go on this.
Posted by Ballstein32
Member since May 2020
368 posts
Posted on 4/27/21 at 7:48 pm to
Fair enough. Im not in the field nor claiming i know anything about how the whole process works.

I was just assuming the stock price movement had something to do with that announcement.
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