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

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TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Bad luck

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Post by JumpyNervy on Nov 03, 2021 4:00pm

Bad luck

I watch this thing bleed for weeks, then sell to watch it bounce. Then I buy back in and sold at the bottom again. I think everyone should just pay me to stay away. Sigh.

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Comment by CammerRec on Nov 03, 2021 4:57pm

Jump, Sorry about your bad luck. African stocks move with the wind; but in the long haul one can make a very nice profit but patience is the key and not getting spooked at all the crazy scary things that may pop up. That being said a stock like Recaf can pop like a cork on the right news and particularly with all the big African energy conferences coming up.

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Reconnaissance Energy (Africa) Ltd