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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

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Post by Angus66 on Sep 23, 2022 12:27pm

Trading

Recon is down 11% along with oil down 5 dollars and the whole market is falling. Not a good day if one holds oil and gas stocks.
Talk of recession inflation etc is weighing things down. Just another day in the markets.
Comment by Angus66 on Sep 23, 2022 12:36pm
Looks like everything is tanking. Screens are all red. 
Comment by pacer001 on Sep 23, 2022 3:21pm
Angus66, I wish this was just another day in the markets. But today is "Black Friday" with EVERYTHING I hold, except shorting nat gas, down and dropping like ... rocks! On top of all the horrible headline news we have this "Putin Put" back in action where the Big Boys are betting he is soon out and oil and gas will once again flow freely out of Russia dropping prices further ...more  
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