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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest... see more

TSXV:RECO - Post Discussion

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Post by C6J6Dub6U on Jan 20, 2021 10:14am

Thanks CCD!

I thought ...if he figures its dropping..... found 5k.. put in for 4.35 BAM! Discount RECO! THANKS MAN! you are awesome CCD! when covid over we have to meet
Comment by Cancundude on Jan 20, 2021 10:29am
Ha!  Ya got my 4.30 fill and got my dividend for the quarter lol. Having said that am hero today and zero tomorrow. I am locked down in Cancun surrounded by a plethora of infected locals and tourists and living with my Mexican princess who is paranoid as hell given she already lost two family members to Covid. In other words I got time on my hands and trading is just enough stimulus to sleep ...more  
Comment by Cancundude on Jan 20, 2021 11:09am
Sold 4.61. Next stop I am hoping 4.10ish  CCD
Comment by C6J6Dub6U on Jan 20, 2021 12:14pm
ohhh.. I think you might get burned?
Comment by Cancundude on Jan 20, 2021 12:31pm
Hmmm maybe but I don't  look at that way. I still hold a substantial position. As long as I can stay within the trading range on my buys and sells. My hope is to trade my way into only letting house money ride. I might do a trade or two in one day and sometimes nothing for weeks. One fact in life is things go up and they come down. Patience is required and a strong stomach. But ya as a ...more  
Comment by C6J6Dub6U on Jan 20, 2021 12:45pm
my entire life savings is in here. Thats how sure I am that .10 is not an option. It would be devastating. But that is why I have put everything in. I know this is at least a double digit stock worst case scenario, because nothing found only as a 2% chance in my mathematics when you add every variable into the equation.
Comment by Cancundude on Jan 20, 2021 1:07pm
Well I am hear because I believe in the play. Again while I wait for the resource to prove up I will trade. My only recommendation is not to become married to this thing. Investments are put into revenue generating companIes with cash flow. This is speculation at this point and regardless of what you have convinced yourself it's still a speculative play. My feeling is the resources will prove ...more  
Comment by Elephants on Jan 20, 2021 1:58pm
C6 & CCD - I have used this day to add some more warrants (nice discount to shares and the dip today was a bonus). I seen this posted on yahoo and here and have to agree. Considering they must be below 4000 feet now (where you would expect to start seeing source rock and other sigs of hydrocarbon). It is now they decided to start the Seismic and hire the PR firm.  If there was no source ...more  
Comment by Cancundude on Jan 20, 2021 2:03pm
Elephants am watching the warrants now 3.16. Am tempted.  CCD
Comment by Letsmake1 on Jan 20, 2021 2:12pm
Hmmmm that definitely gives food for thought doesn't it...
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