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 NFKRS17on Aug 15, 2021 12:25am
338 Views
Post# 33706957

RE:Article

RE:ArticleEvery single point made by this "research" (if you can even call it that!) can be easily shredded to pieces if you have faint stirrings of intelligence.

You fell for their obvious trap in your confirmation bias mentality. 

The fall in RECO share price had nothing to do with fundamentals.  It had everything to do with the ROE share swap.  ROE shares had terrible liquidity right up to the end.  So most ROE holders were trapped for years...till just a few days back.  They don't know much about RECO or are just rebalancing their portfolio...so they are selling out.

Hedge funds knew this exit selling was coming all along.  That is why they were shorting it and borrow costs were rising into the takeover.  This Viceroy craap is just a red herring.  Paid trolling for the shorts.  


<< Previous
Bullboard Posts
Next >>