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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd RCNWF


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

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

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Is Recaf a buy now?
View:
Post by pacer001 on Nov 09, 2023 2:06pm

Is Recaf a buy now?

After the media conference A nice little bump in the stock price. It won't last!

A recent commentary:

"Is Recon Africa a buy?
 
Reconnaissance Energy Africa Ltd holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
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Reconnaissance Energy (Africa) Ltd