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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 Yo_Dog on Sep 27, 2022 4:56pm

news, soon?

Hopefully, new soon. 
I'll pick up another position for a $0.50 trade. It's amazing the swings in this one.
Comment by pacer001 on Sep 27, 2022 5:32pm
Yo_dog as to your comments: "the swings on this one"; I got news for you Recaf is not the only one swinging. All my portfolio including gold and silver stocks are swinging and mostly down. One would think that with all the crises in the world they would be soaring like they did in early 2012, 2020 but no. The Fed is obviously manipulating things somehow some way. Also renewables are ...more  
Comment by Yo_Dog on Sep 27, 2022 6:54pm
Pacer your gol and silver stocks have been doing better than mine, then. Mine have been in a painful down trend with little bounces.  Gold is puzzling.  I have been a good contranian trader. I will often wait until it is so bleak then pick up a position. I had puts on the dow and will look soon for calls, when the oversold conditions are a bit stronger. 
Comment by pacer001 on Sep 28, 2022 1:49pm
Yo_dog I am basically a metals man and their weak performance is truly baffling. The only explanation I see is the Fed or someone is fixing the price.  Retail demand is strong and normally prices should be skyrocketing with all the crises going one. The good news is that I am up a bit today but these rallies always seem to get knocked down.   
Comment by Crunch5555 on Sep 28, 2022 3:50pm
When you have to pay almost double the price spot for retail silver you know they don't want you to amass PMs...forcing people into USD before it crashes and they go digital dollar.."you will own nothing" WEF approved slogan
Comment by pacer001 on Sep 28, 2022 3:54pm
Yes crunch I too am amazed at what my local coin shops want for silver versus the "listed prices" and almost the same for gold. Forget palladium, every time I go to the coin shop I am told they just got one in a few hours ago but is now gone. Amazingly they have a few platinum but I have lost money in platinum. Some really weird markets.