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

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

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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

Bullboard (TSXV:RECO)

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Post by Frank007on May 25, 2023 11:31am

Haywood securities

That's who has been behind the scam ....
149
Discussion
Comment by geomanx02on May 25, 2023 10:22am

RE:RE:Total Costs to Date

Pacer......Thnaks for the info on the estimate $$$ burned to date. Thinking at some point someone is gonna charge those runing RECAF with fraud.
90
Discussion
Post by Frank007on May 25, 2023 10:14am

Buy buy buy..

The giant sucking sound of a pump and dump ....
117
Discussion
Post by Frank007on May 25, 2023 9:25am

Shorts….

The brokers who loaned them the shares cover  at zero.....
92
Comment by pacer001on May 24, 2023 10:06pm

RE:RE:borrow rates

Mr. Duck, if Recaf goes bankrupt don't the shares become worthless? Don't the markets collapse? How can shorts find buyers to settle their positions? 
105
Discussion
Post by pacer001on May 24, 2023 10:03pm

Namibian govt bets big …

... not on oil but green hydrogen! Namibia stakes its future on the green hydrogen market Namibia, a country of abundant wind and sun, has ambitions to be one of Africa's first green hydrogen ...more  
201
Comment by pacer001on May 24, 2023 9:57pm

RE:High loan rates is bearish

I really do wonder about the sanity of traders paying these high rates on such a bad stock like Recaf. How can they afford to? There can't be that much room left to profit.
90
Discussion
Post by Oregonduckon May 24, 2023 8:12pm

High loan rates is bearish

Professional traders are willing to pay high borrow rates or loan rates because they have high conviction that despite the stock having fallen 90 percent or more, it looks to be going bankrupt. 
143
Discussion
Comment by pacer001on May 24, 2023 5:46pm

RE:borrow rates

The banks are in really bad shape so it is no surprise they are jacking up rates. But as they jack the rates up things only get worse. They are shooting themselves in the foot! Last night I was ...more  
103
Discussion
Comment by pacer001on May 24, 2023 5:41pm

RE:Looking at the image of the eFTG, it looks like the first

"Black gold" huh? Is that not the sludge from the nearby sewer/waste treatment plant?
94
Discussion
Post by cyrustgon May 24, 2023 5:39pm

borrow rates

Are the banks getting nervous ? Short borrow rates up today - 9am 19.8 %-close 22.7 % Will be nice at 65% Ciao
150
Discussion
Post by cyrustgon May 24, 2023 5:32pm

shorties sweating today

More good news by end of month with second phase of eftg . Then the move to sidetrack 6-2. Lots of fud still to come as the latest short report today shows there are still3.9 million shares of recaf ...more  
165
Post by RawSiennaon May 24, 2023 4:59pm

Looking at the image of the eFTG, it looks like the first

 well (6-2) is sitting RIGHT beside a giant pool of black gold, maybe they should have sidetracked to begin with me thinks. https://mma.prnewswire.com/media/2084862/Reconnaissance_Energy_Africa ...more  
215
Discussion
Post by pacer001on May 24, 2023 4:50pm

Recaf’s latest mumbo-jumbo press release

Recaf reminds me of that TV Show "The Curse of Oak Island" where they do study after study and bring in expert after expert in their endless quest for mythical gold. It is just for ...more  
176
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