Reconnaissance Energy (Africa) Ltd V.RECO

Seems to me

[Fastvinny]

Reco is is way overpriced at 4.50 , junior play , no oil production yet...still a long way to go. Hope I can see to his go under 2 bucks , then I would consider buying. Been watching this Company for few months and unless they prove its commercially doable ,the SP is going down..it's not only shorts pegging price down...it's no news... hopefully this changes

[Fastvinny]

Forgot to add that their marketing Dept is on the Mickey mouse side...how about getting a real newswire outlet vs hearing about it only on stockhouse and oil price...would reach a lot more people ...just sayin

[CammerRec]

On this one vastfinny I have to agree with you. Recaf needs better news and better distribution. I am concerned that the new pr guru is not doing much more.

[Fastvinny]

Yeah , you would think they would try and get a bigger audience... Anyhow , guess no drilling for a while so this is heading south in a hurry. No news is always bad news in junior plays

[peterj99]

What RECO really needs is to drill a producing conventional oil well.

[Fastvinny]

You are bang on. How can a share price be high if there is nothing coming out of the ground. I believe this has potential , they just need to be clear about it and prove the investment is worth he it. To date to many IFs ...

[ZaPhiCa]

Ok you said your piece. Get lost 

[Yo_Dog]

One of the challenges with the retail market is it often wants 'events' in a hurry. There is very little looking at the mid/long term potential. Without an event things sell off. Building companies and the retail market are not made for each other. Maybe RECO needs more instituational coverage.  RECO didn't do itself any favours announcing that after the second well it wasn't