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Started By
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re: Could this be the next big play? (RECAF)
Posted on 1/21/21 at 10:42 am to Tigersaint09
Posted on 1/21/21 at 10:42 am to Tigersaint09
Paging Hawgeye.
0
Posted on 1/21/21 at 10:59 am to TigerGyp
Yup, this first well will be the tell.
Posted on 1/21/21 at 11:12 am to GREENHEAD22
One of my friends is getting his geology masters right now so he is familiar with the area and did research on the company. He made it seem like the 3rd well is the one to be confident in.
Might see some price drops after the first 2 wells
Might see some price drops after the first 2 wells
Posted on 1/21/21 at 2:37 pm to Gabe Rippen
I am hoping it levels back off around the mid 2s so that I can add some more. If they have any good reports with the upper(conventional zones) I can see this making a decent jump.
Posted on 1/21/21 at 2:39 pm to GREENHEAD22
Bought 500 at 3.67. Hopefully it shoots up. Been thinking of putting more since it dropped.
Posted on 1/21/21 at 11:53 pm to TigerCrude
If it drops, I may throw more at it. The potential is huge.
Posted on 1/22/21 at 10:27 am to tenderfoot tigah
Under $3.00 today
Posted on 1/22/21 at 10:58 am to Gabe Rippen
Curious on why he thinks the 3rd well would be the ticket?
Id think that if they struck oil on the first one itd be reason enough for this to explode. Maybe the 3rd well is on the opposite side of the area and if it hits, then ya got the whole basin full of oil?
Or are the 3 wells being drilled different depths?
Pardon my ignorance on this, I am not in the oil and gas industry
Id think that if they struck oil on the first one itd be reason enough for this to explode. Maybe the 3rd well is on the opposite side of the area and if it hits, then ya got the whole basin full of oil?
Or are the 3 wells being drilled different depths?
Pardon my ignorance on this, I am not in the oil and gas industry
This post was edited on 1/22/21 at 10:59 am
Posted on 2/1/21 at 12:13 pm to Ballstein32
(no message)
This post was edited on 4/14/23 at 2:04 pm
Posted on 2/1/21 at 12:38 pm to msutiger
Lol. Im down 18% now. Woohoo!
Posted on 2/1/21 at 1:22 pm to Ballstein32
Add to say I'm holding this for a bit...atleast until they release their results from the 3 test wells. If they find a huge stash of oil ill probably turn this into a long term hold
Posted on 4/15/21 at 9:31 am to Tigersaint09
ReconAfrica's First of Three Wells Confirms a Working Petroleum System in the Kavango Basin, Namibia
Yahoo
Yahoo
Posted on 4/15/21 at 10:56 am to Tigersaint09
Nice pop for those holding. Hopefully some grabbed some quick profits, as it's working it's way back now.
Posted on 4/15/21 at 11:25 am to Chucktown_Badger
I sold 50%, will sell the rest if it gets back up this afternoon. Will then buy in my Roth when it trends down waiting on info from the next well.
Posted on 4/15/21 at 11:58 am to GREENHEAD22
holding
Posted on 4/16/21 at 12:00 pm to TigerGyp
added more this morning. Today is looking spectacular!
Posted on 4/16/21 at 12:15 pm to tigerfoot
RECAF looking niceee
Posted on 4/16/21 at 12:50 pm to Tigersaint09
Talk about regret not buying more and even bigger on selling half of my position yesterday.
Posted on 4/19/21 at 8:18 am to GREENHEAD22
Posted on 4/19/21 at 8:57 am to Tigersaint09
Man did I misplay this one. The one I go tepid on. 
I hate this market, nothing follows common sense. They are still so far away from actual production and and turning a profit and this thing is moonshot. Here I am waiting for the common sense dip and its running away.
I hate this market, nothing follows common sense. They are still so far away from actual production and and turning a profit and this thing is moonshot. Here I am waiting for the common sense dip and its running away.
This post was edited on 4/19/21 at 9:04 am
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