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 > Bad, bad day for oil!

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Post by pacer001 on May 02, 2023 4:15pm

Bad, bad day for oil!

Recaf is not up; but just down penny.

Made some nice money in shorting nat gas and closed out my KOLD position. Wish I shorted oil; DUG was up 9%.

What will tomorrow bring? One would think the Fed would let up but the greeey bankers will make a lot more having the Feds bail out their illiquid banks. METALS are the only answer!

ps
On Ameritrade Recaf warrants are showing monster gains. Something is terribly wrong; don't believe those numbers!

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