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Bullboard - Stock Discussion Forum 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... see more

TSXV:RECO - Post Discussion

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Post by vayzer on Jan 12, 2021 4:01pm

Damn!!

Fun day!
Comment by Alim33 on Jan 12, 2021 4:08pm
Up 31% with humongous volume!  I am expecting another great day tomorrow!  The fun is just starting!
Comment by harlanshawk61 on Jan 12, 2021 4:16pm
The whales (mutual funds, hedge funds, etc) have just now entered the waters, please look at the average transaction size on OTC and I am guessing TSX.   not us small longs,  They, the whales own 75% plus of the major stocks.  Recon can and will transition from a "junior oil and gas" player to at least a medium player.   
Comment by Redrum180 on Jan 13, 2021 1:21am
     I believe many funds are not allowed (or choose not to) to buy shares under $3 per share.  If I'm right about that, there could be a stampede of institutional buying.  Just for RECO'S speculative value or potential, I can see the shares priced at $5 -- without any news.      If this is the monster basin that some experts believe, we'll see ...more  
Comment by zeropointenergy on Jan 13, 2021 2:15am
Countries That Have Proposed a Gasoline Car Ban  Norway was the first country in the world to propose a ban on the sale of gasoline cars by switching to an electric-powered vehicle. The proposed ban was announced in 2016, with a plan to completely ban the sale of all gasoline cars by 2025.  Costa Rica Costa Rica hopes to become the second country in the world to completely phase ...more  
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