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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 > an interesting scenario
View:
Post by grenouille on Jul 27, 2021 10:25pm

an interesting scenario

a) monday is a holiday in canada, tsx will be closed.  u.s. markets will be open
b) company issues good news on sunday evening.
c) recaf makes a sizeable rally in u. s. markets monday.
d) large (rumored) shorts in canada sit agast, watching their screens, unable to trade, contemplating banktuptcy,,,    requesting visas to jurisdictions without extradition treaties...
Comment by teheran10 on Jul 28, 2021 8:12am
They cannot release news when one market is closed unless it says that This news is not for ..... distribution in such and such country or state/province. 
Comment by grenouille on Jul 28, 2021 9:19am
t-10, on sunday evening, markes will be closed in both u. s. and canada.
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