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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

Reconnaissance Energy (Africa) Ltd > Morningstar rating...
View:
Post by Wynjoe on Feb 18, 2022 12:09pm

Morningstar rating...

I am amazed that morning stars rating (Royal Banks brokerage analysts),went from a fair value yesterday of $11.10 to a fair value today of $14.65.while s/p has tanked to $6.00 today. Their going to need lots of buyers yet,lol.
Comment by Wynjoe on Feb 22, 2022 10:31am
I see again today that Morningstar dropped it's fair value back from $14.65 to $11.66 and gave an extra star,(now five stars),lol. This morning star analyst must be DiCaprio alter ego(star of wolf on wall street).Five stars,is he kidding?1.2 BILLION market cap with a few million dollars showing as assets,WHAT GIVES????If reco go below $5.50 look out below!!!!MAJOR SELL....!!!!
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