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

Alternate Symbol(s):  RECAF | V.RECO.W.A | RECWF

Reconnaissance Energy Africa Ltd is an oil and gas company engaged in the exploration and development of oil and gas in NE Namibia and NW Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and 100% interest in a petroleum exploration license in northwest Botswana which covers the entire Kavango sedimentary basin. The Kavango Basin offers large scale conventional play types.

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Good for us bad for the Russians in Namibia!

Decades ago the Russians and their Cuban puppets were big in this area of Africa tormenting revolution. But until recently their presence was on a down trend. Then they started off shore oil...read more

RE:RE:RE:RE:Expectations?

I'm glad jimmy is here with his Geo knowledge   rate and reply

Geodrill Reports Second Quarter 2022 Financial Results

Generated record revenue of $39.2M, a 28% increase compared to Q2-2021. Achieved record EBITDA of $11.2M or 29% of revenue, a 51% increase compared to Q2-2021. Achieved net income of $5.9M or $0.13 per Ordinary Share, a 49% increase compared to Q2-2021. Continued to strengthen the balance sheet, surpassing the milestone of Total Equity of $100M (CAD$128M or CAD$2.77 per Ordinary Share), up $17.7M or 21% compared to Q2-2021 ...read more

when moon???

...SOME DAY SOON...  rate and reply

Very odd ... nothing from the environmentalists

After Recaf's great quick legal victory I thought the "environmentalists" would be howling and trucking out Prince Harry, Megan, Leonardo DiCaprio, etc. etc. to scream for appeals...read more

RE:RE:No News is Bad News

Right you are yodog.  They are holding back to release next week at the huge energy conference where everyone that anyone in energy will be there along with the world's media. This will...read more

Desperate for oil - why Recaf and oil in Namibia .,.

... will zip along. Yet another local refinery has been shut down because of lack of crude. The only thing saving South Africa is they have abundant coal and are converting it to oil. See story link...read more

RE:No News is Bad News

Maybe they have been ordered ... "say anything and you're fired".    RECO has been dealing with a series of negative press and it must be tiring. Maybe they want to keep this...read more

RE:RE:Big gamble,but I'm in....

Buy. It is a buy. I'm in. Gamble or not. I'm saying buy.  rate and reply

RE:RE:Big gamble,but I'm in....

My story has always been straight.Reco is a big gamble, and at times I have listed of reasons to sell and at times reasons to buy. This company is not a slam dunk,but at under $4.00 I'm rolling...read more
@ the Bell: Employment data worries markets, indices split
Concerns over an aggressive policy tightening path by central banks weighed on global sentiment, Friday.Canada’s main stock index ended the week lower after news the economy lost jobs for the... read article.

RE:Big gamble,but I'm in....

Get your story straight. Either you are in or out. Either it's a buy or a sell. Sheesh  rate and reply

RE:No News is Bad News

since day one they have been tight lipped on everything that have shared and nothing has ever leaked out with reco.. so your full of sh!t if something were to leak out I'd be more worried  rate and reply

No News is Bad News

The Co shouldbbe taking a series of drill cuttings samples at depth intervals beginning at a point above the shallowest potential reservoir zone expected in the well and continuing to the total depth...read more

RE:Big gamble,but I'm in....

I have a stop loss set @$3.75 but I am smart enough to realize that if news come out before market open that this is a dry well,then my stoploss will not be filled but at a much lower price.  rate and reply

Big gamble,but I'm in....

This play is like betting on the flip of a coin. If there's oil there's a pay off,if not your pretty sure this drops to at least $2.00. Recently I purchased below $4.00 and I am willing to...read more
The Market Herald’s Weekly Cannabis Report. August 5, 2022.
Cardiol Therapeutics (TSX:CRDL) reports first patient enrolled in Phase Il clinical trial for acute myocarditis treatmentImage courtesy Cardiol Therapeutic Inc.Cardiol Therapeutics (CRDL) has... read article.

RE:Having faith pays off big in this Namibian discovery

This is a much better story and link: https://www.foxnews.com/science/500-year-old-shipwreck-loaded-with-gold-found-in-namibian-desert.amp  rate and reply

Having faith pays off big in this Namibian discovery

These determined souls looked far and wide and went through a lot to find a sunken treasure ship in the Namibian desert of all places. And the payofff was huge in gold! Soon our Recaf oil treasure...read more

What real fraud looks like ... just checkout

... the headlines in the financial press. Not only is it Twitter, Griffin, and Musk but a slew of other wanna bes. There are not enough regulators and investigators to keep up. Mr. Duck and the...read more
Buzz on the Bullboards: Who made the top earnings & partnerships this quarter?
As many people come back from their August long weekend, investor activity has started to pick up, and alongside it, discussions on the Bullboards.Amidst geopolitical tensions that spiked, dipped,... read article.

Shocking! Oil reserves barely above minimal

Why we need Recaf. Even with sales from the US Strategic Reserves ( a very bad mistake in that what do you draw on in a real emergency ) stockpile reserves at the main storage facilities in Cushing...read more

RE:RE:Too many freaking elephants-Namibia selling them off!

Yrmac, right you are.  Conservation efforts and arming the wildlife police with automatic weapons to fight poachers off have been very successful and the herds have grown greatly. With drought...read more

RE:Penny Stocks Scams are so Passé

Mr. Duck glad to see you are finally barking up the right tree - the crypto kids Reddit, etc. The crypto kids are being cleaned out so badly by the crypto crooks that they will be committing suicide...read more