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 > Recaf and Recaf warrants skyrocketing-NOT really!

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Post by pacer001 on Dec 29, 2022 2:53pm

Recaf and Recaf warrants skyrocketing-NOT really!

Recaf warrants alone appear to be up 1,000 % per Ameritrade. Don't believe it in that there is no real volume. Also Recaf is up some 10%. But even with a shallow dive into level II we see it is just market "makers" churning and ghosting!

4100 INTL	0.993
1000 OTCN	0.9893
9900 VIRT	0.985
1300 OLMN	0.9823
1000 JANE	0.9768
1000 ETRF	0.974
1100 CSTI	0.95
1000 NITE	0.93
2200 CDEL	0.89
1000 GTSM	0.87
1000 MCAP	0.6918
2500 MAXM	0.35
10000 WABR	0.01

Ask

Inside

1000



0.9979	1000 OTCN
0.998	1300 OLMN
0.9996	9900 VIRT
1	1700 CDEL

218

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Comment by pacer001 on Dec 29, 2022 2:57pm

Here is a screen from my Ameritrade. There is no volume reported trading for the warrants. So how can it be up 1,000 % for the day per the below? RECWFPINK SHEET OTC RECONNAISSANCE ENERGY AFRICA LTD WT EXP 05/27/2024 (PC) $0.1686 $0.15 (1,024.00%)

156

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Reconnaissance Energy (Africa) Ltd