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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Reco closes at 1.60!
View:
Post by C6J6Dub6U on Nov 19, 2020 4:18pm

Reco closes at 1.60!

Reco closed today at 1.60! Breaking a 52 week high for the third straight day! The new 52 week high being 1.68! Still tomorrow to look forward to another gain day! Nothing has slowed this momentum yet. The shorters are even scratching their heads. I noticed on huge amount around 7am sold , and ohh my they could have held on to that one for sure! GLTA! Here's to not missing the boat! ;)
Comment by madmax69 on Nov 19, 2020 4:21pm
I'm expecting a bit of a pull back at some point. It's a necessary part of the process...no need to panic. Look for support at $1.29.
Comment by C6J6Dub6U on Nov 19, 2020 4:25pm
I respect your opinion, but we will have to agree to disagree. The trading volume today alone has tripled the average. Tomorrow may not be like today, but there will not be any red ink needed
Comment by madmax69 on Nov 19, 2020 4:54pm
I didn't say tomorrow...I said at some point. The higher it goes, the worse the haircut. I'm still all in!
Comment by madmax69 on Nov 24, 2020 6:38pm
  madmax69 - (11/19/2020 4:21:27 PM) RE:Reco closes at 1.60! I'm expecting a bit of a pull back at some point. It's a necessary part of the process...no need to panic. Look for support at $1.29. As predicted...look for support at $1.29 and back up the truck madmax69 - (11/19/2020 4:21:27 PM)  ...more  
Comment by ratsnake220 on Nov 24, 2020 8:10pm
since it moved up a dollar and they hadnt even got a rig their yet....i am not surprised....think  it would be nice to de risk....and drop back 15 cents more tomorrow.....Does anyone know what state they are at yet?
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