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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 > Bought another 2800 shares
View:
Post by Moneycat on Oct 25, 2021 10:05am

Bought another 2800 shares

this morning after cashing out some EMO profits.  All loaded up and will now sit back and enjoy.  Hope everyone has a great week :)
Comment by GripnRip on Oct 27, 2021 11:56am
How is that haircut working out for you?
Comment by Ebenizer3 on Oct 27, 2021 12:36pm
same old story different day, if the short/distort crowd was any good they would have made this drop when nr was released, instead they hav to get together and make a plan, then someone has to go and buy a sh*t load of gift cards to pay the MM and the ambulance chasing crooks. lol by Friday close this will be back up. Good day
Comment by Chas15 on Oct 27, 2021 12:47pm
Back to what? Back to down only 300% from the August high? The truth of the matter is simple - this rose for no reason other than senseless pumping from management. This will likely settle under a couple bucks, where it belongs. 
Comment by Fredo51545 on Oct 27, 2021 12:52pm
At $2/share, it is only a $400 million market cap. Seems a little low given the potential. That said, I am waiting for a bottom to rebuild my position.
Comment by Moneycat on Oct 27, 2021 1:18pm
Hey Chasy...your statement just goes to show your ignorance on math and numbers.  If we were down 300% we would be at negative share price.   I will let your ignorance of numbers show everyone else how clueless you really are !!!!
Comment by Chas15 on Oct 27, 2021 1:24pm
Down 60%, sorry. Is that better? But hey, you showed me...lol. Enjoy being down 60% from August, but at least you made $400 from buying the daily low. 
Comment by CoreyB on Oct 27, 2021 2:08pm
Already up 400% and grabbed another chunk this morning on the low, oh my did i just make another 10% on that portion already? Averaging up like a chump, I guess lol
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