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Started By
Message
re: Could this be the next big play? (RECAF)
Posted on 10/27/21 at 9:28 am to tenderfoot tigah
Posted on 10/27/21 at 9:28 am to tenderfoot tigah
quote:
$RECAF
Here’s what’s going to happen and you can mark this post
1. Seismic data assessed and resource report will be released Early / Mid December
2. On release of that report, Haywood will upgrade their target materially based on the data .
3. An uplist PR will come soon after the the company will start trading on a major exchange latest Jan 2022
4. At uplist, a few days prior or just after Goldman will initiate coverage at a sizeable price target, again based on our seismic
5. Third hole drilled and stock will continue to run
6. I wont give a price target as it really depends on that resource report. but I expect it to be much higher than Haywood’s current of $26 or whatever it was.
Hope you’re right. Sledgehammer to my portfolio at this point.
This post was edited on 10/27/21 at 9:29 am
1
Posted on 10/27/21 at 10:12 am to ItNeverRains
Yeah, this sucks for sure. I'm hopeful once the seismic is released and proof of oil this thing will rebound.
I still think the drop is being caused by the negative publicity by Leo and Harry and those scum law firms jumping in now.
I read on ST that the reason behind a couple of the Namibian politicians arguing about this isn't because of oil, but the fact the the country would only get 10% royalties and they want it to be higher. Not sure if that's true or not but that argument would make sense.
I still think the drop is being caused by the negative publicity by Leo and Harry and those scum law firms jumping in now.
I read on ST that the reason behind a couple of the Namibian politicians arguing about this isn't because of oil, but the fact the the country would only get 10% royalties and they want it to be higher. Not sure if that's true or not but that argument would make sense.
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