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

Posted on 6/16/21 at 10:28 am to
Posted by Ballstein32
Member since May 2020
365 posts
Posted on 6/16/21 at 10:28 am to
My average cost now is at $4.87. I wish I had the same amount of shares of this as I have of stlhf. I'm gonna keep adding when I can to get to 1k of recaf.
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6149 posts
Posted on 6/16/21 at 10:53 am to
I've only got 130 shares. Should've made a bigger splash but didn't want to over-expose myself on this one. I wish I had increased my risk tolerance

ETA: if it get back into the lows 7s, I'll likely add more.
This post was edited on 6/16/21 at 10:54 am
Posted by TigerGyp
Lafayette
Member since May 2006
975 posts
Posted on 6/16/21 at 3:44 pm to
Got in at $3.50. Bought more at $5.50. Doubled my holding today. Bullish.

I’ve managed to get my average price up to $7.09.
4,000 shares.
This post was edited on 6/16/21 at 7:52 pm
Posted by NoMercy
Member since Feb 2007
2706 posts
Posted on 6/16/21 at 3:54 pm to
2500 shares at a $5.55 average and I would love to have a lot more. Hoping I can get to 5000 shares under $2B market cap.
Posted by Simplemaaan
Member since Sep 2007
3809 posts
Posted on 6/16/21 at 5:40 pm to
Bought 1000 shares at $2.80. Thanks you guys.
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 6/16/21 at 9:38 pm to
I waited for a dip from 5.60 that never happened. Jumped in yesterday morning after sitting on the side line watching like a schmuck. In for 600 shares
This post was edited on 6/17/21 at 9:03 am
Posted by tigerfoot
Alexandria
Member since Sep 2006
56254 posts
Posted on 6/17/21 at 9:51 am to
Up and away again today.
Posted by TigerGyp
Lafayette
Member since May 2006
975 posts
Posted on 6/22/21 at 10:51 am to
well, we've crossed the $10 barrier. Next stop $20!
Posted by tigerfoot
Alexandria
Member since Sep 2006
56254 posts
Posted on 6/22/21 at 12:04 pm to
Does anyone have a target when this thing is fully mature?
Posted by beef42
Thy
Member since Feb 2009
826 posts
Posted on 6/22/21 at 12:33 pm to
2023 when jv’s are taking place. Probably in the 5 to 6 hundred per share range. That’s just an uneducated guess and a dream of mine
Posted by TigerGyp
Lafayette
Member since May 2006
975 posts
Posted on 6/22/21 at 12:40 pm to
For me, this is a buy and hold. How much do you want to make and how long are you willing to wait. This company has a huge upside. For instance, Shell Oil has reserves of 15 billion barrels of oil. It's estimated that RECAF has 120 billion recoverable in the reservoir. Not exactly apples to apples comparison, but you get the idea.
Posted by Ballstein32
Member since May 2020
365 posts
Posted on 6/22/21 at 12:43 pm to
I really wish this was uplisted to the nyse so I can add here and there without otc fees

Posted by tigerfoot
Alexandria
Member since Sep 2006
56254 posts
Posted on 6/22/21 at 1:11 pm to
quote:

Probably in the 5 to 6 hundred per share range.
That is hopeful
Posted by GeauxldMember
Member since Nov 2003
4387 posts
Posted on 6/22/21 at 1:24 pm to
quote:

2023 when jv’s are taking place. Probably in the 5 to 6 hundred per share range. That’s just an uneducated guess and a dream of mine



That’s like an $80 billion market cap.
Posted by tigerfoot
Alexandria
Member since Sep 2006
56254 posts
Posted on 6/22/21 at 1:30 pm to
Yeah, if this thing gets to 500 bucks a share, I will check out of this whole working life thingamajig.
Posted by beef42
Thy
Member since Feb 2009
826 posts
Posted on 6/22/21 at 6:46 pm to
Wasn’t there a junior oil company in another African country that had share prices that were like 1300 a share? I remember reading about it years ago but has slipped my mind
This post was edited on 6/23/21 at 12:18 am
Posted by GeauxldMember
Member since Nov 2003
4387 posts
Posted on 6/22/21 at 8:41 pm to
Possibly. There was also a deli in New Jersey with a $100mm market cap here recently.
Posted by Lightning
Texas
Member since May 2014
2300 posts
Posted on 6/22/21 at 8:45 pm to
Schwab or Fidelity - TDA has been killing me with those OTC fees
Posted by Ballstein32
Member since May 2020
365 posts
Posted on 6/23/21 at 12:57 am to
No otc fees with those 2? Didn't Schwab buy TDA? I wonder if they'll stop charging otc fees once merger I complete

I have TDA
This post was edited on 6/23/21 at 2:21 am
Posted by GREENHEAD22
Member since Nov 2009
19590 posts
Posted on 6/23/21 at 6:46 am to
Yea that is my main concern with this whole thing. Africa has been scoured, especially by the Europeans. A conventional find of this size never being discovered is interesting.
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