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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 > WE Need to break that 11.80 block
View:
Post by Bpultra on Jun 30, 2021 11:47am

WE Need to break that 11.80 block

Once that is gone up this goes... but they are stacking it
Comment by teheran10 on Jun 30, 2021 12:23pm
You are right of course but at $11.50-$11.80 we are forming a nice base for the next leg up. If you look at SP history, we are repeated exactly what has been happening in the past.  I am counting on a nice 100%+ jump when we release 6-1 results. All that noise from Viceroy is garbage, which actually made me a bnch of money on paper as I was able to jump on the pullbacks. TRUST THE SCIENCE ...more  
Comment by teheran10 on Jun 30, 2021 12:29pm
..... and we may just break that $12 today again before your holiday tomorrow I believe. It is just my prediction and I might be totally wrong. July 05 might be a very very different day for RECO.
Comment by FastIroc on Jun 30, 2021 6:16pm
I wished too it would have hit 12 at the end.......but I think next week is going to be good,....someone mentioned quarterly results, is this going out too ? See you on friday !
Comment by TenneseeOil on Jul 01, 2021 10:27am
They did their best to sell us off at the beginning. Kind of a dumb play... or US players taking advantage of the $10.00 Price. The majority of this stock is now held in ADR's. So the US is the primary market now in terms of Share holders. That can change easily obviously if Canadians or Germans buy more of the shares. Obviouosly the securities are still listed on TSX and will be. 
Comment by teheran10 on Jul 01, 2021 10:33am
I'm sure you are aware but RECO will be listed in NASDQ in the near future. 
Comment by teheran10 on Jul 01, 2021 10:38am
A..... sorry texting driving 
Comment by TenneseeOil on Jul 01, 2021 11:12am
I heard Scott Evans say they were looking at it hard to tell how serious he was. about the timing. Their increase in share price would certainly qualify them. I've owned a few companies that have graduated to the lowel and subsequently upper levels of exchanges before. I think a Billion Dollar Company with Millions of shares daily of trading action would be a desireable commodity. They have ...more  
Comment by AUborealis on Jul 01, 2021 11:24am
If you want to add a little fun into the arbitrage mix watch RECO on TRADEGATE on Frankfurt.  Trades in Euros and at European hours. Bid/Ask spreads as wide as $0.25 this a.m. The Symbol is: A2PRKY https://www.tradegate.de/orderbuch.php?isin=CA75624R1082 Always interesting to see for pre-market before NorthAm Open. And of course after they ring their closing bell as to what then kicks ...more  
Comment by teheran10 on Jul 01, 2021 11:29am
TO can you see your Inbox pls. 
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