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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 cyrustg on Mar 04, 2021 2:33pm

Haywood

Anyone with info on what Haywood is saying about the dip ?

Ciao
Comment by teheran10 on Mar 04, 2021 2:47pm
...... still $7 from them. This stock is going to bounce back with a Vengeance
Comment by Chihuahua on Mar 04, 2021 3:07pm
February 25th SP open-end @ $3usd. From the Haywood radar flash that day: "In our view, the stock has held in relatively well despite the supply of new shares as we suspect warrant holders are selling the underlying to free up proceeds for warrant conversion" What is happening now is not a surprise! I believe this is temporary, a great buying opportunity. Who doesn't wish they would ...more  
Comment by WHVWHV on Mar 04, 2021 3:14pm
Haywood is not making public statements, but there is nothing to worry about, everything is progressing well and as planned. What the previous comment indicated after to talking to RECO in Vancouver is completely true.
Comment by judomacca on Mar 04, 2021 3:26pm
What everyone has to get their heads around is they are not looking for a wildcat gusher with a little  pool of oil in it, but they are in the process of wanting to prove up a huge new sedimentary basin. That takes time
Comment by WHVWHV on Mar 04, 2021 3:39pm
Given some time.... there are going to be a lot of people with sellers remorse. My previous was information current to 1.00 PM MT.
Comment by crude on Mar 04, 2021 3:48pm
I just want to know the pressure on the well head !! LOL !!!!!!!!!!!!!!!
Comment by Johnnycash on Mar 04, 2021 4:58pm
Thanks for the laugh Crude...i needed it!!!
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