Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Just wait till November and YE! I am holding.
View:
Post by CammerRec on Oct 14, 2021 7:02pm

Just wait till November and YE! I am holding.

What I learned from studying investing , and Warren Buffet in particular, is when investing in a company you really are investing in the people. And I think this applies to Recaf has and our CEO Scot Evans, in particular. There is a very competent team in place and Scot is considered a "master negoiter".

We don't have to wait for oil to flow. We all should know by now that we are going to need senior partners for development and they wil invest in us or buy us out in pieces or totally ( not a hint as to who specifically).

Looking into my crystal ball I see Scot meeting some potential partners in November and maybe a deal in December or so. Thus I am holding!
Comment by doggiestyle on Oct 15, 2021 12:50am
I am seriously feed up with waiting. if the market keeps going up and these guys have nothing to report I expect this stock to take another dump.  Opportunity cost of sitting in this while other oil stocks are monning is just too great
Comment by CammerRec on Oct 15, 2021 2:12am
Doggie, I understand; it is very frustating to see so many energy stocks go so high so fast. But as they "say what goes up must will go down". The odds are that they soon will catch a strong downwind and if you jump on board now could be caught in a downwind; at least that is what I am thinking and why I am in Recaf.  Now I am only betting "fun" money as most of my ...more  
Comment by Bpultra on Oct 15, 2021 3:38pm
================= 5% move right now
Comment by SirRichard1987 on Oct 15, 2021 4:06pm
Classic Triple Bottom. Investopedia Def. Triple Bottom
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities