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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

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Post by Wotan13 on Jan 20, 2022 12:11am

NEWS

https://www.newswire.ca/news-releases/reconafrica-provides-operations-update-and-appoints-new-directors-866126334.html
Comment by pacer001 on Jan 20, 2022 1:10am
Thanks wotan13, this release is already heating up the wires and long overdue even if there is no major news concerning well #3. Glad to hear that we are now moving on to 6 wells even though I was surprised to read we still are dealing with permits. The main takeaway was that the new director is "gas" guy. As a bread-and-butter gas investor I am most interested in his involvement ...more  
Comment by Bpultra on Jan 20, 2022 7:59am
=================== market is not going to like this NR  .... https://twitter.com/Recon_Africa/status/1484137406236446720
Comment by C1v1k6 on Jan 20, 2022 9:21am
bpultra why will the market not like this nr? Just not enough information brought out?
Comment by Bpultra on Jan 20, 2022 2:53pm
============== if you look at the total ownerhsip of this stock most is currenlty held by retail... and they were expecting a better NR... there is nothing wrong with the NR ... just alot of people do not want to wait... plus helps the shorts a simple NR like this you can see some of the dumbs dumbs on here already talking about nothing... so you saw the SP go to 6.01 and it has recovered pretty ...more  
Comment by Ebenizer3 on Jan 20, 2022 9:22am
yep, as a professional 5 yr old I am never happy when I don't get my way, being told not to play in the street or don't run with scissors is never fun but apparently the right response. The big thing I will be watching is insiders will probably start taking some off the table, surprise to see gannath step down to a consulting position, wouldn't be surprised to see Park, Gannath, and ...more  
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