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

Alternate Symbol(s):  RCNWF | RECAF | V.RECO.WT

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > This is not looking good short term
View:
Post by Moneycat on Aug 13, 2021 10:51am

This is not looking good short term

The company needs to release full info to stop the slaughter.  A total piss poor PR department in the last release and the SP will continue south if there is no new catalyst to stop it.
Comment by Ebenizer3 on Aug 13, 2021 11:27am
this is the same short and distort program, along with the day traders. Shorts selling shares back and forth to themselves. After the drop last week, shorts run the sp up and take new positions so they can do just what ur witnessing now, guessing and of the day they will cover. Just like Jimmy Cramer told us shorts buy a bunch of shares and then start there distort program and buy and sell between ...more  
Comment by yrmac on Aug 13, 2021 1:19pm
Un dpartement de relations publiques mdiocre dans la dernire version et le SP continuera vers le sud s'il n'y a pas de nouveau catalyseur pour l'arrter.  [/citation] Agree with you Moneycat We will need good news soon. The SP is lower since a couple of days
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