Reconnaissance Energy (Africa) Ltd V.RECO

6 million more options?????

[Wynjoe]

As always dilution ,dilution, dilution. I say save some of that 40 million they just recieved in the last $5.35 placement and buy back thier own shares when they crater,they can then give them back as option gifts.No oil,no wells,not even a solid plan,you tell me?????

[montreal10]

I hear you and understand your frustration ; same here. I'm lucky as my avr price is below cad$1 and I derisked quit a bit...I feel for those who bought higher than $5 and the naked shorting stole any opportunity for them to derisk prior to results ...at this stage, you would need to keep your bets on the table until after they announce drilling results..and either make a killing or lose it