Reconnaissance Energy (Africa) Ltd V.RECO

Just can’t get over why Recaf is not moving up

[pacer001]

It is in a safe friendly area with a high probability of lots of good quality oil. I would have expected nothing less than doubling yet for months it is flat lining while "the energy index, up 39% YTD". My nat gas stocks have been going up like 10% DAILY recently.But I fear if "Mad Vlad" is over thrown, or worse yet cuts a cease fire deal with the West, they will drop like rocks.

That is why I am thinking of buying a little more Recaf. It is due for its day in the sun!

[cyrustg]

OIl won't drop even if Putin is gone as they  will probably try and recover the war's cost to the West as well as war reparations for the damage to Ukraine . Another week until news flow and lift off ! JMHO Ciao

[pacer001]

Cyrust, respectively, you are wrong. On the mere hint that peace talks will be successful and sanctions lifted on Russia and they will be allowed to pump like crazy - oil is dropping like a ... rock ... today Monday down some 7% alone. Even nat gas stocks are getting whacked - a dramatic turn around from Friday. If the Russians have to pay repetitions they will be allowed to pump unabated. 

[cyrustg]

Big oil drop today was  because Shanghai is in lockdown -- 17 million people and all the factories due to covid outbreak.Plus the other large lockdown still ongoing. Will be a week or two and demand will be back. I think Russia will be a pariah state like N.Korea for years to come -- unless they leave and don't annex any territory at all. They have hundreds of billions in assets being

[pacer001]

Cyrust, well you may be right; there is so many things going on now. Plus the markets are divorced from reality and obsessed with every little thing that could possibly happen. Example: the oil inventories at the central US oil depository at Cushing, Ok are at dangerously low levels - like 24 mb. A minimum of 20 mb is needed to keep the system functioning just like a car with a fuel gage on "

[justus434]

This post has been removed in accordance with Community Policy

[RiptonHylton]

Everyone stop with this! This is a real company not a promotion machine meme stock designed to sell others the insiders stock. It is holding the line (around $6CAD)very well and management's job is not to release news so we can all feel relieved of our anxiety. When the time comes they will hire people to legally promote the stock if there is good news. There is nothing intrinsically wrong

[crude]

The company has great credability, as you can see the people who hold this stock know what they have. There will always be those who want to risk moving in and out ,as is their choice, just remember it is all noice until you decide to sell , hopefully over $50 or, whenever that might be. best o' luck !!

[crude]

clearings east of 6-1 on satalite!!!

[Luckboxx]

Is this from another board or do you have a link?  Thx.

[crude]

images on another chanel !!

[Luckboxx]

Discord?

[crude]

Think so , but not my info to share ,ok!! Really think people need to scondlook what they have here ! and remember if you sell there are many out there willing to pick them up , and for good reason - we are getting very close to a 3 well (financed) program that could change your life, not an oil company looking for oil ,but building an empire __ best o' luck!!!

[gossamer9]

This post has been removed in accordance with Community Policy