ReconAfrica RECAF up 30% + and no comments?
by walt970 | November 18, 2020 11:56 pm
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[1] explorer who has taken an unheard of position in Namimbia and Botswana[2]. 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[3]/Energy/Energy-General/Is-This-The-Most-Exciting-Oil-Stock-For-2021.html
- oil: https://www.stockgumshoe.com/tag/oil/
- Botswana: https://www.stockgumshoe.com/tag/botswana/
- oilprice.com: https://www.stockgumshoe.com/tag/oilprice-com/
Source URL: https://www.stockgumshoe.com/2020/11/microblog-reconafrica-recaf-up-30-and-no-comments/
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.