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re: Could this be the next big play? (RECAF)
Posted on 5/3/21 at 11:42 am to GREENHEAD22
Posted on 5/3/21 at 11:42 am to GREENHEAD22
I'd like to add shares but may have to bite the bullet and pay now. I doubt we see $4. What makes you think that this is a shale play? This is a new discovery. The easy stuff will be sucked up first and looks like that will last a long time.
1
Posted on 5/3/21 at 11:46 am to TigerGyp
Not to be a dick but you need to do more DD, the whole premise is based on this being like and kind to the Permian.
But I agree, we will not see 4s again. The way this is moving probably will not see 5s.
I am thinking they have really good results and the info is making the rounds with industry insiders. The guys who started this are very well known.
That being said I am not buying high on just my hunch. Waiting on pullback to add.
But I agree, we will not see 4s again. The way this is moving probably will not see 5s.
I am thinking they have really good results and the info is making the rounds with industry insiders. The guys who started this are very well known.
That being said I am not buying high on just my hunch. Waiting on pullback to add.
This post was edited on 5/3/21 at 11:49 am
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