Reconnaissance Energy (Africa) Ltd V.RECO

Traveling Circus to Namibia

[Oregonduck]

Matt Warder, the new IR guy who is smart to get cash remuneration, and a few analysts including the Haywood guy will be in that town to see fir themselves the new drill site, the water wells discovered and meet with the Minister of Mines and Energy.

Is he the same Haywood analyst who predicted the stock is worth $16 last year ?? That reminded me of Richard Kelertas, the analyst, who famously called Muddy Waters short attack on Sino-Forest "A-Pile-of-Dung". He was later booted out of Dundee after Sino-Forest filed for bankruptcy.

Be careful what you hear after the circus left town as the Co had not been opaque with their drilling results. Has anyone seen any oil in their hundreds of core samples?? Were they lying then, or are they lying now?? 

[Yo_Dog]

This is a good sign. If analysts are doing a site visit they will likely put out an updated recommendation in the process, exposing more eyeballs to the play. With investors who would not have looked at O&G in the past may do so now. All good imo. 

[Luckboxx]

This means institutional buying follows....looks bleak for you and your Bay Street friends

[pacer001]

First of all, thanks for your latest quacking: you have done it again. Recaf is up over 4%! When the duck quacks, BUY!

[pacer001]

Ps: Mr. Duck, those Recaf driller water wells you referenced have been more than discovered. The locals are getting good clean water in a nearby safe manner and are very grateful - per a local media report. This is a big deal for them in that they no longer have to trek a great distance, shoo the elephants off, be worried about their children being snatched by hungry crocs or be chased and eaten