Reconnaissance Energy (Africa) Ltd V.RECO

When the Bough Breaks

[Oregonduck]

the Cradle will Fall. 

As of latest f/s June 30, 2021, there are 9.5 million warrants exercisable at 50 cents and over 2 million options exercisable at 25 cents. Garnath sold half of his shares from exercising 25 cents options and still own 220,000 shares last month. 

Never seen so many class action securities cases filled against one company. This could draw in SEC to investigate and start an
enforcement action. Any whistleblower can get up to 30 percent of a judgment award.

Major stock distribution going on and expect to see $3.00 or thereabouts.

[crude]

waiting for it !!!!!!!

[Luckboxx]

I now have limit buys in all the way down to 3.00.  Those are shares you will not be covering with.  Quack, quack!

[crude]

We could get below 3  !!!!!!!!!!!!!!!!!

[Crunch5555]

Oregon Ducksucker is either a paid shill or trying to average down.While Ducksucker works himself into a dizzy Reco is working with world class analysts to analyze their data..not sure how anyone would think you are pulling anything over their eyes.Some Nambians are speaking out that 10% isnt enough of a share ..in saying that they obviously are aware theres a ocean of oil below.

[CammerRec]

As to Namibians only getting 10% and Recaf 90% I am sure this is just a smart move on Recaf's part to get better deals. Realistically, looking at other situations, there will be other partners that we need and they will need pieces of the pie and we will have the bulk of it. Also it will help the Namibian politicians out with their constitutioncies as they clamber for a bigger share and will