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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 caliche on Feb 02, 2021 7:21pm

almost ready

the chart looks to be about a week from a breakout..will this coincide with the warrants being called? 

once the warrants are out of the way a big drag on share price will be gone.. a 14% move will probably be a 25% move after warrants are gone

waiting to buy the dip.. i wonder if that was today..
Comment by jaybsin on Feb 02, 2021 9:50pm
I was hopping that dip would go closer to $3.00 than it did, and I just missed it by a day!  I think there will be a couple more shots at a 3.40-3.50 pick before a rally to $6-7 target price... but who knows. My warrants are excersised now. I'd think most must have.  I got it all on black!
Comment by Elephants on Feb 03, 2021 5:21am
Don't think there will be a dip that low. Most warrants have been covered and the drill is deep enough now that we could get a news release anytime between now and the third well. Remember, everyone has a cell phone these days.
Comment by Buyhigheatchips on Feb 03, 2021 10:04am
What would people actually see coming out of the hole that would be good news? Is it the type of rock?  
Comment by GorgeousGeorge1 on Feb 03, 2021 11:10am
Marine shale
Comment by Elephants on Feb 03, 2021 11:41am
You never know what is there until you drill it. But a couple examples from the extreme of a well blowout (which isn't ideal but it would confirm hydrocarbons). The gas alarms can go off (they are audible so even someone on the highway nearby would hear them). Oil in the mud (from the pit having a sheen to obvious oil). Days of source rock in the cuttings. That's just to name a few that ...more  
Comment by amkestrel1961 on Feb 03, 2021 11:56am
love your posts, logical, no putting down of others, not pure wishful thinking, and of great use to our community (small recaf longs) SRL. May we see whales in Walvis Bay soon and lots of them
Comment by kanemochi777 on Feb 03, 2021 4:06pm
GOOF DAY ""CLOSING"" BY FRIDAY CLOSE TO $4 +++ BUCKEROO COMING  TICK TACK == PATIENT ==  MAJOR NEW  COMING OUT == WE GET  NICE ((((SURPRICE )))) MY INSTIC TELL COMING $$$== HUGE HEADS  
Comment by kanemochi777 on Feb 03, 2021 5:18pm
RESEARCH REPORT | January 18, 2021 ReconAfrica Ltd. (RECO-V, RECAF-OTCQX, 0XD – Frankfurt) SECTOR: Energy STOCK PRICE RATING TARGET PRICE ↑ Previous $4.08 BUY $7.00 $4.00 COMPANY UPDATE Second Catalyst ...more  
Comment by Letsmake1 on Feb 03, 2021 8:38pm
I love your posts they always put a smile on my face!
Comment by jaybsin on Feb 03, 2021 12:54pm
But I wanna dip! 
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