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

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TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Who will buy my cheaply gotten shares????

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Post by Wynjoe on Nov 11, 2022 10:03am

Who will buy my cheaply gotten shares????

I bought shares below $$1.90 hoping for a quick return,not gonna happen,who will be foolish enough to buy them off me at higher s/p???The next well will be dragged out,probably will run into environmental groups during road construction and interest will wane as news cease.I still think this will soon trade below a buck,so I'm putting my MAJOR SELL RECCOMENDATION BACK ON THE TABLE.

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Comment by pacer001 on Nov 11, 2022 12:21pm

Wyn, you are up, down, all around all the time. Do you think anyone really pays attention? At least Mr. Duck is always negative and never wavers.

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Comment by Wynjoe on Nov 13, 2022 12:25pm

I agree,but I know how silly buyers can be when a stock drops over 50 percent in one day.They start buying back thinking "this can't be ",so I bought hoping for a quick temporary bounce back,but alas,"not to be".I made a few shillings but ultimately I side with "Oregon Duck",and see BANKRUPTCY!!! I sold quickly,and I cannot see how reco can stay afloat. Class ...more

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Reconnaissance Energy (Africa) Ltd