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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 > ...the true dilemma
View:
Post by Yolostar on Jan 18, 2021 9:27pm

...the true dilemma

if this stock would fly to the 12 - 24$ range, u can't blame a true long for selling if he / she got in at 0.50 or less....it's harder to be in the green than in the red sometimes...if that makes any sense lol
Comment by crude on Jan 18, 2021 9:33pm
best to take a little off the top when it feels right - or plan your exit !!!
Comment by Cancundude on Jan 18, 2021 9:35pm
Pigs get fat and hogs get slaughtered....
Comment by Yolostar on Jan 18, 2021 9:51pm
love the analogy...and i agree with skimming off the top too...but if the momentum takes us above 10$ pre results ( which seems more realistic every day) , at what point does a pig become a hog ?! ...such an incredible run with so little exposure, marketing or pumping....says a lot about the incredible team in place
Comment by Cancundude on Jan 19, 2021 7:26am
Yolostar for me a pig becomes a hog when a person exposes large gains to risks for the sake of a few more dollars. Look I am not a God so I can't say I am holding out for this or that. I am smart enough to know, I don't know what's coming around the corner but there is always something coming. Lol.  Having said that at the moment the company has hit the ground running and ...more  
Comment by Yolostar on Jan 19, 2021 7:31am
good morning to all and great insight @CCD....getting too greedy does put out bad karma.. ...but maaan it would be nice to be the next CCD ;-) GLTA
Comment by Seraphim1 on Jan 18, 2021 11:23pm
  Actually one and the same. But both bring home the bacon. So stay invested and stay long on this one.
Comment by teheran10 on Jan 18, 2021 10:35pm
Nope. I'm here for the $100-$250 or more Mark. Depends what they find. 
Comment by C6J6Dub6U on Jan 18, 2021 11:17pm
$326 sp is my sell number currently. Any less atm and I'll pass thanks. High Potential is here and we're are only getting warmed up, can't wait to get started into the real game!
Comment by Seraphim1 on Jan 18, 2021 11:47pm
  ok but don't forget that to get into the real game, there has to be a miracle. I'm optimistic, don't get me wrong but it is a  lottery and you know how that goes.  ive been through a few of these stocks where the mothherload all rests on a drill result and unfortunately, not one of them panned out. But this one smells differently,........I keep telling myself.
Comment by Rat0815 on Jan 19, 2021 10:24am
What about if the the company will takeover from a major? Where do you see the shareprice?
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