Reconnaissance Energy (Africa) Ltd V.RECO

Question for the Board

[Redrum180]

Do any of you agree with me that RECO's IR or a director of the company owe the public an explanation for the precipitous dip?  Or even "we're not aware of any material change in our outlook," or something to that effect.

    I realize the stock isn't down that much in dollars but it is a large percentage drop.

    Management, care to comment?  

    Anyone agree here?

[teheran10]

welllll...... I lost a fortune on the dip but I made a bigger fortune on the upside now so I am good. The new PR company will be pushing the SP upwords big time. See you back at $5++ and $7-$10 by end of the month.

[werROBINHOOD]

T10 let's make a gentle mans bet. When we hit 6ish we will see a huge short position rush in and bring it down below 5. I got no problem stating predictions :). 

[Elephants]

That is probably a fair prediction. I'm just looking forward to the PR of results. My prediction is it'll open at $50 and run up to $90 before settling around $85. Then the normal bouncing until the first farmout, which will value Reco at $300.

[teheran10]

Robbing Hoot - I know you are Short so stop this childish BS. As a broker you are NOT supposed to be on any of these forums. I'll waste some money but I'll get your IP address and email you have signed this account with. .....and take your Broker licence.  how about this bet?????? I did it already to a smart pants like you from Hamptons. 

[werROBINHOOD]

Done deal!! But I don't get it man. You were just cheering a few posts ago on how happy you were for the cheap stock!  Hmmmmm. Ohhhh I get it now that you loaded up you want the price to go up riiiight. Well man the game does not work that way. And for the record my gang is long and short. We will see profit either way. It's just with the number of shares between ourselves we

[madmax69]

Agree. If he's a broker...he's done.

[werROBINHOOD]

MadMax69?  Wow by that name you clearly know how to have a good time bro. Listen the millennials including my own kids have completely and I mean completely crushed it with Tesla, Apple, crypto etc.  They have huge profits but not much experience. I just figured since I have a conduit to all these kids why not organize them and put all that money to work. This way they can take care of

[madmax69]

I trust you bro, I was in the biz myself a long time ago. I bought this one at $0.43, so I'm doing well. Rock on! 

[werROBINHOOD]

E I concur on your general premise but not the valuations. Early Q2 we should know concretely if not slightly sooner. In the mean time it's time to play both the long and short sides. Did you like the action yesterday! Disclosed all my trades prior to the actual events. Damn is that luck or what? Listen lots of BS on these boards and everyone has a choice on what they believe. Just because I

[horseplay]

Could be they did not find oil and are almost or are at TD. 

[amkestrel1961]

as a two month recaf wonder I have held my tongue on negativlty.  But your post strains belief. They are drilling 300 ft per day (since Jan 11th)  and are at about shale one would suppose.  They are NOT drilling for oil, but for core.

[crude]

could be you are shorting

[Elephants]

No, they are not at TD. But they clearly are seeing signs of hydrocarbons. Look at what the COMPANY is doing not uninformed posters that have a bunch of shorters, day traders, etc... why would someone post 100+ times in two days claiming a pump and dump??? Clearly they are shorting or have mental issues. Now what is the Company doing. They are below 4000feet after 11 days. This is where they

[CoreyB]

I bought more today too, sad that I didn't pull the trigger on selling at $5 in order to gobble up more on this dip lol.  Where is my time machine...

[horseplay]

So how do you know " they are clearly seeing hydocarbons"?

[CoreyB]

I do not agree, as it rose quite sharply of late, so where were you screaming for a report from the company at that time?  After a large run up like this there is inevitable pullback, which is healthy stock trading.  Think of it this way, a company with pretty much nothing has a higher stock price than many companies with strings in holes pulling up the black gold.  Why?  Pure

[grenouille]

issuing a news release that says there is no news ??? ...sounds like tweedledee talking to tweedledum.

[mydogchach]

Redrum180 - (1/21/2021 10:19:33 AM) Question for the Board      Do any of you agree with me that RECO's IR or a director of the company owe the public an explanation for the precipitous dip?  Or even "we're not aware of any material change in our outlook," or something to that effect.      So......you'd be happy with them

[ratsnake220]

my dog catch....no the IR does not owe you a explanation....the big picture has been stated....large land mass like Texas....they have juridictional protection.....Its a homerun or a strike out.....it has not been disrisked....Company said they would drill 3 holes and then release results....What else do you need to know....By the way this is the 2nd run up that cratered.....If you are in this

[mydogchach]

ratsnake220 - (1/21/2021 2:02:01 PM) RE:RE:Question for the Board my dog catch....no the IR does not owe you a explanation....the big picture has been stated....large land mass like Texas....they have juridictional protection.....Its a homerun or a strike out.....it has not been disrisked....Company said they would drill 3 holes and then release results....What else do you need to know