ReconAfrica RECAF up 30% + and no comments?I do not understand why there is on interest on this site about this stock and all the sub plots working around it. Junior oil explorer who has taken an unheard of position in Namimbia and Botswana. Possibility for massive gains and yes, a little acknowledged downside. I started following it at .70 a few months ago, today it’s at 1.03 and looks like it may have a LONG way to go on the way up. Oil is not dead, just sort of drowsy. Not this one. OilPrice.com calling it “The Most Exciting Oil Stock for 2021”.
https://oilprice.com/Energy/Energy-General/Is-This-The-Most-Exciting-Oil-Stock-For-2021.html
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
https://reconafrica.com/wp-content/uploads/ReconAfrica-Haywood-Report-November-2020.pdf
I got in early and doing very well. Almost hope they don’t hit big on well one, can buy more on the dip, and they hit with well 2 or 3. Has gotten hot right now, tempted to take some profits, but the FOMO crowd may keep the upward drive going. Still see lot of upside potential, ultimately a partnership with big oil, or a take over
Just crazy wild swings on nothing new but sentiment
Up, up, up 20% today.I have done very well, and hoping for another pull back, may not come. Love to se a new analysis.
??Anyone else in this?? May be really taking off more soon. Appear to have hit on both wells 1 and 2. Anticipate pressure from govt. to move ahead with JV for production sooner than later. Strong article in Oilprice.com today.