Reconnaissance Energy (Africa) Ltd V.RECO

News Coming

[cyrustg]

Should be news release this weekend re the 2D scanning and the fact the drill bit is now turning on #2 well. Will be an end of day bump as FOMO sets in.
JMHO
Have a good ( and safe ) weekend .

Ciao

[Matteo1234]

We'll see. Pictures of the rig might propel us higher. But I suspect we might trade in a range, say $6--$10 until results come out 40 days away. They also said they might not release results until after the 3rd hole is drilled. I suspect weak hands will get anxious.

[khyber2]

Well, if weak hands get anxious, and RECO, trades in the $6.00 range, I'll be a buyer for sure. Love to buy more shares in that range. Luck to all, happy weekend, Khyber

[teheran10]

Matteo - I believe that $6-$8 price is HISTORY NOW. I can see it trading $9-$12 from now on. Too much potential upside now and as you've correctly said FOMO is real and present.  IF next hole is as good as #1, I see SP jumping past $35 and settling at around $30.  I trust the Scientists and I'm CONVINCED we are going to have a Bonanza on holes 2-3.  $150-$250 in 1-2

[Matteo1234]

I am fully invested in the shares. Haven't sold any. Just stating. I'm pretty sure there is weak hands that have to be flushed out. But we might never break $9.00 again.

[Matteo1234]

I don't think there is not enough strong hands if news goes dead. 40 days is a long wait for overnight speculators, I'm sure we'll see 6 again before results.I'll buy more. A lot of you cheerleaders will fold. Too many weak hands and novice speculators in the stock. The big boys will make you poopy pants

[curious14]

Your posts don't make much sense. If you think that RECO is going down to $ 6.00 you would be a fool not to sell all your shares at $ 8 to .$ 9.00. Your post's are rubbish or you are dreaming. Good night. c14

[Banker67]

He said “if weak hands get anxious” the share price could go down to $6 and that would suit him just fine - like me and many others who wouldn’t mind accumulating more shares at that price. In the meantime we all have our risk/reward positions and most are happy to wait for 40 days or as long as it takes. We all know what happened when RECO was “forced” to release the generic results from the

[Matteo1234]

Yes. Finally a sound mind. Thank-you Pappy. My sentiments exactly.

[Matteo1234]

you nailed it. pappy