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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 > added more this morning
View:
Post by grenouille on Aug 09, 2021 10:11am

added more this morning

i already have a boatload, this is just a knee=jerk reaction.
buy the dips, sell the rallies.

B.T.F.D!
Comment by Chas15 on Aug 09, 2021 10:15am
Buying the dip is irrelevant when it keeps going down lol. I'll wait for $3. 
Comment by NFKRS17 on Aug 09, 2021 10:33am
Makes sense to buy this dip.  They did a deal at C$9.50.  You are getting it at a big discount. Then look at the trading volumes.  On the Venture exchange, we are up to 1 million shares in the first hour of trading.  Average for 2021 is 936,000.   Big volumes at a low price = bottom.   Then you have our shorts which need to cover.  If they don't ...more  
Reconnaissance Energy (Africa) Ltd
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