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

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 Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).


TSXV:RECO - Post by User

Comment by doggiestyleon Jun 25, 2021 1:25pm
144 Views
Post# 33451137

RE:RE:RE:Cutting my position

RE:RE:RE:Cutting my positionI too have lost big when the price of oil crashed (after some big gains on the way up). But this is not that situation - the price of oil will flucuate with OPEC for the next 2 years but generally looks like it is more likely to remain strong. 

This situation is very different - this is clear a short and distort campaign that is separting you from your money. I too doubted a short and distort situation was occuring until the last two days but I am absolutly convinced now based on the market action, the hit pieces, friends on brokerage trade desks and RA's news releases stating the short attack.

Obviously your call if you want to sell (everyone has their own unique finaicial situation and thoughts on what to do)  - go ahead but please don't add to the FUD for the shorts. 
<< Previous
Bullboard Posts
Next >>