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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

Reconnaissance Energy (Africa) Ltd > CEO told me..no news until 3 drill program complete
View:
Post by Ogopogo007 on Apr 18, 2021 11:21am

CEO told me..no news until 3 drill program complete

Wonder what happened? Concerned drill 1 news might leak out?
Comment by PunkRocky on Apr 18, 2021 11:45am
I'm super pissed here for what happenedl... sold my positions for RECO and ROE when RECO announced that they owuld only reveal the drill results ONLY AFTER all 3 holes were drilled and analyzed. Wasn't planning to hold a bag till later this year to find out and miss out on other investment opportunities.   Now this result with the 1st hole reveal........  someone should be ...more  
Comment by teheran10 on Apr 18, 2021 11:50am
Well if you listened to me, you would not have SOLD it. In mining/oil industry secrets are not always tightly kept due to oursiders poking their noses. No ones fault. 
Comment by PunkRocky on Apr 18, 2021 12:08pm
Thanks anyways... not going to chase them now... perhaps RECO if it takes a dip, which I doubt now.. But used my modest profits to get into Fabled Silver Gold heavily, Peak Fintech Group, as well as CBDT.  Fabled will most likley hit another undiscovered massive silver anomoly which they are in the process of drilling right now.... if that happens, I can get back in big with RECO again. But ...more  
Comment by KevinDan on Apr 18, 2021 12:29pm
Evening Black label in order
Comment by Letsmake1 on Apr 18, 2021 12:57pm
Comment by PunkRocky on Apr 18, 2021 5:19pm
The concept is called "keeping your word".... management should have talked it out with government to agree on the terms of dissemination of info.  Right now as it is, RECO management misled investors. Call it what you want, but these are the facts. When you propose something with terms to the world and you then reneg to the detriment of the shareholders, it's misleading... and ...more  
Comment by peterj99 on Apr 18, 2021 5:44pm
Could be "force majeure"
Comment by FastIroc on Apr 18, 2021 7:06pm
Same here bro.......just have to live with it......other companies will double too shortly.....
Comment by caliche on Apr 19, 2021 12:30am
I would have bet money (and did) that something would leak.. if you recall they said they will release all info after 3 wells barring a leak "and everyone in africa has a cellphone" they successfully hedged their news and unfortunately those that sold not wanting to "hold the bag" over the summer have no one else and nothing else to blame but their own impatience.. welcome ...more  
Comment by AUborealis on Apr 19, 2021 1:20am
Lesson learned, eh! If you want your investments to fly you have to learn how to sit on the nest long enough for them to hatch. The steady accumulation since the last week of March at $2.90 up to $3.80 was the tip off. Word was obviously getting around that the hole wasn't a duster. The company NR of April 07 was the tip off for me. You don't make those kinds of hires after completing a ...more  
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