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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 > Weak hands sold????
View:
Post by Wynjoe on Nov 10, 2022 10:35am

Weak hands sold????

A close above $2.50 is guaranteed today and spiking higher next week.Reco is basically the same play it was before the 50 percent drop. Cash is still on hand to drill next well in December, roads are being made with narrow road building equipment already in place, environmental seismic permits expanded,a more defined location is forming to locate viable oil and the research on drilling completed to date is still on going with positive implications. SPECULATIVE BUY!!!
Comment by Ebenizer3 on Nov 10, 2022 10:53am
Lol, make up ur mind dude. The shorts are now loaded up at a lower price point and will keep playing the game. On top of that with this painful wait to spud in Dec which might happen but more than likely will end up stopping because of the holidays. They will have to spud and drill the surface hole and case it before the holidays and then take a 3 week holiday. It's like trying to waterski ...more  
Comment by Wynjoe on Nov 10, 2022 11:02am
You play your game,I'll play mine,lol.The shorts have not covered yet,they're greedy and its mostly been shrewd investors averaging down combined with new entries, when the shorts start to cover(and they will and must)Look out above)!!!STRONG SPECULATIVE BUY!!!
Comment by Ebenizer3 on Nov 10, 2022 11:27am
funny, try reading ur own post, if u don't recognize them you may be a schizophrenic, I was going to say u may be a redneck didn't want to offend the good old boys. After all country boys will survive. Thanks for the comedic relief. And good luck to you
Comment by Wynjoe on Nov 10, 2022 12:04pm
Merci beaucoup monsieur, and the same to you. All I can say,(and unless your clueless),this oil play is still on. While it's on there just might be a huge oil STRIKE!!!!Do your own dd, this is a great entry point!!!!STRONG SPECULATIVE BUY!!!
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