Reconnaissance Africa(RECO)

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6 days 7 hours ago #125845 by RonS
RonS replied the topic: Reconnaissance Africa(RECO)
Reconnaissance Energy Africa’s (OTC: RECAF & TSX-V: RECO) management team was invited to present to the Houston Chapter of API (American Petroleum Institute at the venerated Petroleum Club in Houston (on the 35th Floor of the Total (Petrochemical) Plaza Tower).

vimeo.com/480128335

As you will see from viewing this new, very comprehensive deep dive on the project, the Kavango Basin has all the ear markings of a major new multi-billion barrel field discovery - and if you are even a tiny bit bullish on the future of hydrocarbon based energy you should take a very close look at Recon Africa as the leverage and upside for this stock quite literally is off the chart! During this roughly 1 hour and fifteen minute roundtable presentation to the Houston API members (and was also live streamed to the global API membership) Recon Energy’s management and technical team make a very solid case to the high prospectivity of their play

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2 months 1 week ago #125612 by RonS
RonS replied the topic: Reconnaissance Africa(RECO)
At recent prices, I think you are better off buying the stock.

Stock at $1 and warrants at $0.44, so the stock has to go to $1.44 to break even on the warrants, although they would increase in price with the time factor

If the stock went to $1.80, you would be up 80%. The warrants might go $1.00 then so you would be up over 100%. so would do a little better.

I think the warrants will offer better leverage when the stock is higher, as the premium will decline as they become further in the money

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3 months 13 hours ago #125510 by mozrep
mozrep created the topic: Reconnaissance Africa(RECO)
RonS - Any suggestions if we should buy the warrants?

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