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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 > Something very fishy.
View:
Post by KerBer on Apr 20, 2021 10:08am

Something very fishy.

While veryfishy makes some valid points, most are made with the intent to sow doubt among retail investors. There are a couple of questions one should ask, the first being, is this a legitimate company with the POTENTIAL to prove up a real and economic resource? The Namibian minister seems to think so as well as Haywood, etc. Why would someone who apparently has no skin in the game be so interested in constantly posting negative comments about a company he has no financial interest in? If I'm not interested in a company or distrust the company, I simply move on. I don't spend an inordinate amount of time flagellating the company. It remains to be seen if this will prove to be as economical viable as Haywood think but at this stage it look promising. My question to veryfishy, why are you continuing to badham a company you have no financial interest in? Are you the Mother Theresa of the investing community?
Comment by veryfishy on Apr 20, 2021 10:17am
Normally I ignore questions on my personal investments. My holding was 10% of my RRSP when I bought the 70 cents unit. I sold my warrants to reduce my cost to less than zero. My target on the stock before the merger was exposed for what it is - was $6.50 or around $1 billion in market cap.  In fact it makes no difference what my investment  position is. I am furious with this deal and ...more  
Comment by amkestrel1961 on Apr 20, 2021 10:19am
I am voting 50k recaf in favor.  
Comment by hydrocarbss on Apr 20, 2021 5:09pm
You should be ecstatic, was way over your target price yesterday.  And it was the deal that pushed it, doubly ecstatic. But no, you whine like and post.
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