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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 Frank007 on Jun 08, 2021 5:11pm

wow....

why not all you baffoons buck up and buy some more share     so i can short it over  10 again .....lol
Comment by TraderJoe65 on Jun 08, 2021 6:00pm
Been following this message board for a few months. First time posting. @Frank007, your easily the least respected poster on any message board I've read.  I'm sure the same level of disrespect is afforded to you in your personal life by family and acquaintances. if you're going to claim to have "pump and dumped" this stock so successfully in the past and have ...more  
Comment by Plus50 on Jun 08, 2021 7:36pm
Just put frank on ignore as i have long ago. I got tired of deleting those useless posts. As far as the SP at this point it is doing quite well imo. Valuation of over a billion is pretty good and it will get much better. With WTI closing over $70.00 today and probably higher later on this year a company that is proving up a new oil field will get everyone excited. Wish i had seen this one before ...more  
Comment by SunnyRanch on Jun 08, 2021 8:38pm
I think the magic of being in early is share accumulation. Right now we are actually very lucky that a lot of big money's hands are tied on this. I still can't believe there are 3 million shares officially short it's almost unthinkable in this kind of climate and that was after all the shorts left. A new group actually came in the float has really been tightening on certain days ...more  
Comment by bidoux67 on Jun 08, 2021 11:38pm
Hey All, I haven't seen the short report but it was mentioned that there is 3 million shares shorted? If that is true that is a small amount, no? Given that we have 160M sharez o/s and an average of about 500k shares traded a day? If I am wrong my apologies...and would appreciate any clarification. Thank you and glta!
Comment by Bpultra on Jun 09, 2021 8:49am
============ Last short report I saw in CDN there is only 871,746  short ....the rest is rumors.. IMO
Comment by Ebenizer3 on Jun 09, 2021 9:53am
uhhh... i think there is a difference between the shorts that are traded daily and the short positions that are sitting on the books. we know that daily shorts makeup 40 to 60% of the shares traded, MM swapping spit trying to get the longs to react and the newbies who got in late to think something terribly wrong. Then u have the day traders who only make money on pennies. It comes down to this if ...more  
Comment by Buyhigheatchips on Jun 09, 2021 11:13am
Last report short positions from IIROC was 871746. https://www.iiroc.ca/industry/marketmonitoringanalysis/Pages/consolidated-short-position-report.aspx Where does 3 million come from??
Comment by bidoux67 on Jun 09, 2021 2:17pm
Thanks for the clarification Buyhigh. Certainly not concerned about the short positions now. Hopefully we will get some unexpected good news soon that will generate attention, volume and a nice increase in share price.Glta
Comment by teheran10 on Jun 09, 2021 2:41pm
It's getting childish now for Shorts to trade between themselves in hopes of spooking long investors. I'm sure some people took profits but most of the trades are being done between accounts.  when RECO comes with the second part of 6-1, these guys will be scrambling for shares. Crime Never Pays. 
Comment by SunnyRanch on Jun 08, 2021 7:27pm
I guess I'll take this one. Frank, it's a pleasure to meet you may I call you Franklin? Perfect... Franklin, I suspect that many of us will continue to buy shares. Some of us may have been too busy working to buy them today. Others have been working on their English others still have been working on their math. The math tells me that I even if I had an only ten percent chance at a 1,000 or ...more