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RECAF COMING SOON

Posted on 7/23/21 at 6:58 pm
Posted by beef42
Thy
Member since Feb 2009
826 posts
Posted on 7/23/21 at 6:58 pm
Let’s go babyyyyyyyy
Posted by FreeState
Member since Jun 2012
3171 posts
Posted on 7/23/21 at 7:14 pm to
I hope you're right Beef, been in on it for months. I simply cannot believe there isn't a huge find there.
Posted by Ballstein32
Member since May 2020
366 posts
Posted on 7/23/21 at 7:23 pm to
Something announced that I've missed?
Posted by Santiago_Dunbar
Atlanta, GA
Member since Feb 2021
214 posts
Posted on 7/23/21 at 8:06 pm to
For those that have been in the market long enough to see one these explorations hit a big lick, what’s an average PT?

I’m sure with O&G finds there’s all kinds of variables to throw it around.
Posted by GREENHEAD22
Member since Nov 2009
19600 posts
Posted on 7/23/21 at 9:36 pm to
If it wasn't for the people behind this I would be extremely skeptical. On the Toronto exchange, conventional play in an area that was colonial held for a long time.

Let the media keep pumping this Covid BS and have oil drop, I will be picking up some more RECAF.

I have been meaning to give some of their presentation to our geo guys just to see what they think.
This post was edited on 7/23/21 at 9:38 pm
Posted by Ballstein32
Member since May 2020
366 posts
Posted on 7/24/21 at 12:08 am to
I agree about the cast of characters behind Recaf that gives me optimism. Them along with some of the companies doing some of the analyzing and testing of the core samples.

I posted in the other recaf thread that the last article about them left me with a few questions...

"It’s difficult for us to second-guess results and operations when some of the biggest names in the industry are involved, including the likes of giant Schlumberger, and Polaris. None of the companies involved in this operation would be willing to associate themselves with a fraudulent oil exploration play. "

Do people on this board agree with that? Those are 2 huge names in the industry? They definitely wouldn't be doing this if they thought something was fishy?

Also what about the VSP (vertical seismic profile tool) they are about to use? The article says that Recon wouldn't even try to use it if they didn't think something huge was underneath. Do you all in the industry agree with that sentiment?

LINK
Posted by GREENHEAD22
Member since Nov 2009
19600 posts
Posted on 7/24/21 at 8:26 am to
Yes and no, while highly respected they are service companies. As long as you pay they don't care if it is a duster or a whale find. Now the legality of what they report to the company of their findings and then what the company reports to the public I don't know. NDAs and contracts will keep the service company from saying anything.

Things that are a little peculiar to me is the relationship between recaf and the firm doing the evaluation as well as how heavily it is being pumped on Oilprice.com
Posted by beef42
Thy
Member since Feb 2009
826 posts
Posted on 7/24/21 at 5:11 pm to
I’m not a big time player but with 2000 shares of the price hits anywhere from 40 up I will be quiet happy. I really believe it’s a 100 bagger in 2 years
Posted by el Gaucho
He/They
Member since Dec 2010
52997 posts
Posted on 7/24/21 at 5:47 pm to
If y'all like oil gambles check out pqeff
Posted by PetroBabich
Donetsk Oblast
Member since Apr 2017
4619 posts
Posted on 7/24/21 at 8:56 pm to
quote:

I really believe it’s a 100 bagger in 2 years


Why?
Posted by beef42
Thy
Member since Feb 2009
826 posts
Posted on 7/25/21 at 11:38 pm to
Just a feeling . I’ve done major research on these guys amd if everything goes to plan it could be really good. If not I lose 2 grand. Lost that tonight at casino
Posted by ShootingsBricks4Life
Member since May 2017
2601 posts
Posted on 7/25/21 at 11:46 pm to
quote:

I really believe it’s a 100 bagger in 2 years


quote:

Just a feeling


quote:

If not I lose 2 grand. Lost that tonight at casino


You're killing me, smalls!
Posted by cadillacattack
the ATL
Member since May 2020
4391 posts
Posted on 7/26/21 at 2:06 pm to
if you're interested in RECAF, you'll likely want to read this article from today:

quote:

"And the disinformation campaign appears to be growing more intense by the day because short-sellers are now getting desperate to cover on a stock that we believe has incredible potential. In our view they have no chance of covering now."


https://finance.yahoo.com/news/why-short-sellers-desperately-trying-231500490.html
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6177 posts
Posted on 7/26/21 at 4:46 pm to
It was actually from last week on Oil Price the night before the big jump. Yahoo Finance is just extremely slow posting articles for OTC tickers. As in about a week slow.
Posted by GeauxElliott
Louisiana
Member since Jun 2007
3695 posts
Posted on 7/27/21 at 9:12 am to
Trading halted for news.
Posted by Whichwayisup
Member since Jun 2021
454 posts
Posted on 7/27/21 at 9:46 am to
quote:

Trading halted for news.


WHY
Posted by castorinho
13623 posts
Member since Nov 2010
82031 posts
Posted on 7/27/21 at 9:53 am to
For news
Posted by Whichwayisup
Member since Jun 2021
454 posts
Posted on 7/27/21 at 9:53 am to
NM back to trading
Posted by GREENHEAD22
Member since Nov 2009
19600 posts
Posted on 7/27/21 at 9:58 am to
I am thinking of picking up more now with the anticipation of good news from the 2nd well. Swing trade this mother.
Posted by GeauxElliott
Louisiana
Member since Jun 2007
3695 posts
Posted on 7/27/21 at 2:33 pm to
Just announced the closing of the recov purchase.
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