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

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

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 > WE MAY CLOSE AT $4 TODAY - MONDAY A NEW BETTER DAY
View:
Post by teheran10 on Jan 15, 2021 1:00pm

WE MAY CLOSE AT $4 TODAY - MONDAY A NEW BETTER DAY

..... IT APPEARS that drilling is going very well, like someone suggested before the operators will have a better undrstanding of what we are dealing with.
NO ONE wants to be left with pants down on MONDAY, when we might shoot to higher highs. 
All my opinion ONLY.
Comment by hipfner on Jan 15, 2021 1:17pm
Do you have a source of this opinion, that drilling is going well? The company estimated that it would take 45 days to reach total depth.
Comment by teheran10 on Jan 15, 2021 1:23pm
BROKER shorting the stock? LOL. Not a single positive post on RECO and rarely on other boards. You must be feeling desperate now. Time to look for another job???  This stock is going higher today and $5 next week.  Sleepless nights for YOU. 
Comment by C6J6Dub6U on Jan 15, 2021 1:47pm
id like to add the fact that yes 45 days until bottom. WAY before that until we hit the levels where there could be oil. I think next week if they hit a gusher, would be more adequate timing to get to the required depth
Comment by Narobioil on Jan 15, 2021 2:20pm
There is no time line on releasing results over the next 45 days or even after that. The logs, side wall cores and the main coring program results are what will tell the tale. Watch for up ticks on dates when they start to log and when cores arrive in Houston. Once the logging data is on surface is when news will start to leak out and the price will go either way depending on the rumor.
Comment by grenouille on Jan 15, 2021 2:46pm
a more realistic target for today would be three dollars (U. S.).  we might even get there !!!
Comment by teheran10 on Jan 15, 2021 2:51pm
Not a chance. Too promising and reward outweighs risk by 50:1 now.  I would rather listen to professionals than you. 
Comment by crude on Jan 15, 2021 3:01pm
3.75
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