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

Alternate Symbol(s):  RECAF

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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 > Selling
View:
Post by Crunch5555 on Mar 04, 2021 10:14am

Selling

Selling to buy warrants before they expire ..thats it..take the opportunity to average down
Comment by scatman on Mar 04, 2021 10:32am
agreed. probably 1 or 2 MM left that need to be excercised otherwise they will expire. So sell the stock at 2+ to buy a warrant at 1. logical trade. company is sending notice in 2 weeks to warrant holders re: expiry.
Comment by teheran10 on Mar 04, 2021 10:40am
i have picked a bunch of shares on the way down and just missed on 2.17 darn.  wow what a shii... show today but that is stock market. $150-$250 after discovery
Comment by RHertig on Mar 04, 2021 12:32pm
I would be ecstatic with $25 to $30. That would have to be a mother liad to hit $150 what are you basing $150 to $250 on I am curious.
Comment by yrmac on Mar 04, 2021 2:13pm
I will be happy with$6.00
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