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re: Could this be the next big play? (RECAF)

Posted on 8/16/21 at 5:02 pm to
Posted by Santiago_Dunbar
Atlanta, GA
Member since Feb 2021
215 posts
Posted on 8/16/21 at 5:02 pm to
Would like to average down some but this is definitely my most speculative position. Is this thing getting shorted hard still or is there a lack of definitive progress?
Posted by ItNeverRains
37069
Member since Oct 2007
25711 posts
Posted on 8/16/21 at 5:11 pm to
Anyone in KVGOF?
Posted by Ballstein32
Member since May 2020
373 posts
Posted on 8/17/21 at 1:50 am to
It's getting shorted hard and hit pieces over the past few months haven't helped.

It's my most speculative play now as well. I'm sitting on almost 500 shares at an average cost of 5.81.

Everything that recaf has said seems really promising. That could all be smoke and mirrors, but from all I've read recafs management team are mostly all well known and respected in the O&G industry so I don't think that's the case.

I still want to hear from Core labs, get the final results from the 6-1 well, and also hear about the 2D seismic results. All should come by end of Sept I think.

I'm gonna ride this wave up and down atleast until then
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