Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

View:
Post by Matteo1234 on Feb 03, 2023 3:44am

$7.50

While I remain very bullish the stock market here, I think the energy stocks are peaking. I think oil is heading for the low 60's in the next couple of months. As a result, I expect oil stocks to head lower,not just underperform,while the market rises in coming weeks.
Comment by Frank007 on Feb 03, 2023 10:55am
Talk about coo koo ....yikes
Comment by farml1234 on Feb 05, 2023 6:05pm
me think you are due for a brain check , you low on smart stuff jmho
Comment by Matteo1234 on Feb 06, 2023 6:50am
pappy.  The 1 analysts offering 12-month price forecasts for Reconnaissance Energy (Africa) Ltd have a median target of 5.86, with a high estimate of 5.86 and a low estimate of 5.86. The median estimate represents a +479.92% increase from the last price of 1.01.
Comment by pacer001 on Feb 06, 2023 1:27pm
Estimates? We have been dancing to this tune now for over a year. These are nothing more than guesses. All that really matters is oil...oil...oil!
Comment by HighHoSilver on Feb 08, 2023 12:45am
I'm bullish on oil until after the election but this stock is not going to return to it's former glory. The land is just not fit to produce oil under clean technologies. if it could frac and get oil by dirty means it has promise but I don't see this stock ever producing oil here.
Comment by Matteo1234 on Feb 08, 2023 2:03am
pappy.I posted this last night on the RECAF discord, and a couple of people suggested posting it here. Do your own DD and then do some more, this is not financial advice, etc and so forth. I’ve been invested since spring 21 and along the way have found myself again and again telling friends and family a version of this story — and I wonder if there’s not an evocative and inspiring storytelling ...more  
Comment by Frank007 on Feb 08, 2023 9:29am
Remember Bre x .....they had the best geologist too......   that's quite a  write up you put on ...do your friends and family still talk to you ?     Think about this for a moment ....just what kind of oil man would drill any well without the best siesmic available ....lol ...I am afraid you have stumbled into a very good pump and dump ....
Comment by WildWilly1 on Feb 08, 2023 9:50am
Hey Frank ive been reading your garbage for too long, time for you to leave. Obviously your DD dosent include any research just made up facts from your peabrain!!!! This is WW1 putting u on blast u jackwagon!!
Comment by peterj99 on Feb 08, 2023 10:03am
Frank is still breast feeding. He's sore because his mommy got a new bf 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities