Post by
Wynjoe on Aug 10, 2022 11:12am
Analysts are clueless...
We had an equity offering @$6.35 and for approximately a month later Morningstars take on Royal Banks brokerage site was 5 stars and a value of nearly $14.00,LOL. Now they give this same company,(and they have their first well nearly drilled) 3 stars and a value of less then half that.WHAT CHANGED? LOL. The class action was ongoing,the cash was raised for drilling of wells,lol,they must be CLUELESS!!!! But we all know they promote stocks just to unload their own investments.
Comment by
Angus66 on Aug 10, 2022 11:45am
There has been no change other than Recon is very close to finishing drilling at 8-2 if not already. They must be close to finished drilling then logging testing and run pipe if it is a good well. By the end of August we shouild have some results.