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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 > added more this morning
View:
Post by grenouille on Aug 09, 2021 10:11am

added more this morning

i already have a boatload, this is just a knee=jerk reaction.
buy the dips, sell the rallies.

B.T.F.D!
Comment by Chas15 on Aug 09, 2021 10:15am
Buying the dip is irrelevant when it keeps going down lol. I'll wait for $3. 
Comment by NFKRS17 on Aug 09, 2021 10:33am
Makes sense to buy this dip.  They did a deal at C$9.50.  You are getting it at a big discount. Then look at the trading volumes.  On the Venture exchange, we are up to 1 million shares in the first hour of trading.  Average for 2021 is 936,000.   Big volumes at a low price = bottom.   Then you have our shorts which need to cover.  If they don't ...more  
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