Reconnaissance Energy (Africa) Ltd V.RECO

Misinformation you say Pacer

[Oregonduck]

Let me explain.

Craig buying a house in Vancouver is 2 degree of separation from Recaf.

First, he is the founder who sold at least 5.5 Milton shares of Recaf netting him in excess of $30 million, presumably around $6,00. That is the first degree of separation with Recaf.

Second, he will use the millions from Recaf stock sale to buy a house in Vancouver and for estate planning purposes according to IR because houses are expensive in Vancouver. That's the 2nd degree of separation with Recaf,

So, there is a connection and not misinformation.  

Btw, it is the standard excuse by insiders dumping stock that they needed the money for taxes or estate planning or buying a house. They still think their stock is a great buy and they are forced to sell out for personal reasons...lol.

[pacer001]

Mr. Duck the key words in your post are "2nd degree of separation". And the key word is "separation." If Mr. Steinke bought a house what does that have to do with Recaf? Absolutely nothing! He is 63 years old and has had a successful but not greatly lucrative career in comparison to others and has a net worth estimated at less then ten million Canadien. That is not that