Can I legally use a two wire 120 V circuit without a Ground Conductor by doing this

[Installer]

My apologies--Sorry I did not respond immediately.

My apologies--Sorry I did not respond immediately.

Unless he is intentionally leading us astray, probably has two wires, both happen to be red, one is grounded one is ungrounded. Code issues? yes, but the electrons don't care what color insulation is

Kind of doesn't change anything much, but he could make this a feeder, drive ground rod(s) and bond the grounded conductor at the subpanel and it would be allowed if there is no other metallic paths between two the two structures. If this is a branch circuit it always needed an EGC, well at least for 50 -60 years it did.

Sorry I did not respond immediately. I've been trying since 6 am this morning to call someone up and have them drive out to to Site.
I was quite excited about your suggestion of using the one or two of the Reds as a Ground conductor and using the Black as a Hot and the White as a Neutral and taking all three and moving them to a newer panel with a new breaker.
Or transformers, or whatever, because we don't want to spend the money to dig
I finally got a hold of someone to go out there and take a Look. This is what actually made it to the Electronics Enclosure--just the Black and the White, no Red. I asked the guy, did the red bypass the enclosure and somehow go up at the Ob Light on top of the pole, and he said No, its not there. So Red did not make it to site.
So I am sorry for misinforming everyone and I'd like to thank everyone for their suggestions. This is really a great Forum and again I'd like to thank you all for your help.
So the one thing I did learn is when you put something in, put it in right--ie use Sch 80 PVC , because the future always comes and someone is stuck with fixing someone else's shortcut.