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

I averaged up at the top, lol love it

Hopefully another hard drop and I can average down big

Well damn, been watching trying to get it at 6 even or less and she spikes.

Thanks for the share. Insightful answers. So more to be released from well 2 once govt reviewed and approved.

I don't, been waiting for some sign of a bottom to open a position

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?

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

Indeed

I was gonna buy in, but thinking that it hasn't hit bottom yet.

I agree, I am kicking myself hard for chasing this when it ran up awhile back. They really need to release the info on the 2nd well.