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

Alternate Symbol(s):  V.RECO.W.A | RECWF | 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 > $10 Not yet filled.....
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Post by teheran10 on Apr 21, 2021 10:04am

$10 Not yet filled.....

New Haywood target is way below the potential RECO has so I am expecting $10 to be crossed by Friday or next week. Shorter, daytraders, flippers temporarily took over but the Major companies and institutions know what we have here.
Comment by crude on Apr 21, 2021 10:23am
not until proven and no bids here under $150 next year at the earliest - hold on for the ride !!!!
Comment by doggiestyle on Apr 21, 2021 12:24pm
Teheran - I doubt we see $10 this week. WE are well down from the highs now so I think this will drift sideways for a couple weeks then start to build back up as we approach some of the catalysts - like Well 2 results and the completion of the ROE deal.  2D seismic announcement is out there as well as any number of potential rumors of Big Oil looking to get a piece of this. That said - it ...more  
Comment by teheran10 on Apr 21, 2021 12:55pm
Well I Really think RECO is now way Oversold so that's my logic.  sure some shorts came here since last week so they are pushing the price down and of course daily flippers do the job too and profit takers   I'm buying big adding to my very sizeable position.  Good times again soon.  You never know what May pop up next week. 
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