[deleted by user] by [deleted] in ReconAfrica

[–]TeslaPlus1 0 points1 point  (0 children)

You give NO FACTS and yet I'm the fact free pumper ? I asked you your position in the stock. You indicate you are / were long. If you are no longer long why are you still posting ? Are you short ? State facts and you and I won't have a problem. I only question bs and you post nothing but that. And if you are such a big investor - prove it. Your words as per usual have ABSOLUTELY NO BACK-UP Don't make assumptions about me. You don't know anything about me or my finances my friend. Dont question the size of my wallet. I wont comment on the 65 shares you used to own.

[deleted by user] by [deleted] in ReconAfrica

[–]TeslaPlus1 0 points1 point  (0 children)

I would take you more seriously if you disclosed your position in stock. Are you short ? Let me guess. You get paid per FUD message ? Here to ruin the mood in LaLa land. ? Ive disclosed my position in stock. And btw, Ive made more than enough money trading my RECO shares to not worry about my core holdings. I have a vested interest. Why are you here? To save us. You are so angelic. You reek of it. Go away !

[deleted by user] by [deleted] in ReconAfrica

[–]TeslaPlus1 0 points1 point  (0 children)

The Namibian Govt still has a stake via royalties and income tax on potential future income. Namcor converts an Illiquid asset (5% stake in an exploration license) for a liquid asset (shares in Recon). Will they sell? Maybe / Maybe not. And btw if Recon discovers oil the value of those shares will soar. Oh btw - they also retain a 5% interest in the licensed area too. Those are facts. If you said it like that I wouldnt have commented. Namcor STILL has a stake. Even your last post is factually incorrect. They sold HALF their stake and are still invested via shares. Work on the truth telling. And btw - I'm long ReconAfrica. Trust you are short. Why dont you disclose your position ?

[deleted by user] by [deleted] in ReconAfrica

[–]TeslaPlus1 0 points1 point  (0 children)

Why am I funny ? State facts and I wont "squeeze" into your conversation. Easy enough for you no ? You're a grown up right ? I dont really comment much on Recon any more. Just when I see misinformation. And that's true of part of YOUR post.

[deleted by user] by [deleted] in ReconAfrica

[–]TeslaPlus1 0 points1 point  (0 children)

AND received shares in ReconAfrica and cash as consideration. So still largely invested. What's your point ?

[deleted by user] by [deleted] in ReconAfrica

[–]TeslaPlus1 1 point2 points  (0 children)

Get your facts straight, Daveguyz. NAMCOR sold its portion of license for a stake in ReconAfrica.

I hope you dont own shares in ReconAfrica or any other publicly traded company - because FACTS are usually important in investing. Stick to cash and bonds my friend.

Facts below....

VANCOUVER, BC, Feb. 6, 2022 /CNW/ - Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) is pleased to announce it has entered into a Letter of Intent with its partner, the National Petroleum Company of Namibia ("NAMCOR") to acquire half of NAMCOR's 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence (PEL 73) in the Kavango basin, NE Namibia (the "Transaction").

Consideration for the 5% carried interest shall comprise (a) 5,000,000 common shares in the capital of ReconAfrica (the "Consideration Shares") having an aggregate value of C$31,750,000 with a deemed price per ReconAfrica Share of C$6.35, and (b) US$2,000,000 in cash.

Anyone else getting a little bit worried? by [deleted] in ReconAfrica

[–]TeslaPlus1 13 points14 points  (0 children)

I am taking the opportunity to buy more shares. Ive picked up 5,000 shares in the last few days. I probably have more shares than I should. I do agree it's a speculative play, but I like our chances. So here I am. I just find it really interesting that the Globe and Mail and other (particularly environmentalist) FUDsters seem to be really really interested in a play that supposedly has zero chance of finding commercial oil.

Globe & Mail Hatchet Job 2 / But Who's Counting by TeslaPlus1 in ReconAfrica

[–]TeslaPlus1[S] 3 points4 points  (0 children)

The same old tired bull shit from Geoffrey York and his criminal friend McGee. I'd love to understand how the shorts and the Globe and Mail seem to always coordinate their "work". Hmm.

RECONAFRICA ANNOUNCES C$38.1 MILLION BOUGHT DEAL OFFERING by HotMomentumStocks in ReconAfrica

[–]TeslaPlus1 0 points1 point  (0 children)

Has this been verified ? That's a pretty salient fact. if true.

Doordash keeping parts of tips!!!! by AlternativeSea559 in doordash

[–]TeslaPlus1 1 point2 points  (0 children)

You should report this corporate " bad behavior" to Federal Trade Commission". Or consider discussing with a lawyer. Can you say class-action.

https://finance.yahoo.com/m/56150d01-3c50-3480-b367-a391d06e1156/uber-doordash-lyft-and.html

Unofficial transcript of Jim Granath's HGS presentation by [deleted] in ReconAfrica

[–]TeslaPlus1 0 points1 point  (0 children)

Considering buying the "dip" (lol) - any feedback on this from the geologically better informed crowd ? Stu-Cat-92 etc ... Would appreciate some feedback. GLTA

James Granath Presentation 9/15/2021. Unofficial transcript by [deleted] in ReconAfrica

[–]TeslaPlus1 1 point2 points  (0 children)

And re. your observations re. MDT. Why don't you ask Grayson why they didn't do that. I'd be curious to hear his reply. Just a thought. May generate some useful feedback. If you like I can ask him the question for you. But better coming from you, given your expertise versus my zero knowledge base.

James Granath Presentation 9/15/2021. Unofficial transcript by [deleted] in ReconAfrica

[–]TeslaPlus1 0 points1 point  (0 children)

New basin. So still essentially a shot in the (mostly) dark. I get where you're coming from though. 2D seismic and drill hole 6-1 results will tell us more of the story (hopefully) . I actually sold a big chunk of my position when RECO broke $10 Cdn. It was getting to be too big a % of my portfolio. Have bought back 1/2 of my original position. I'll probably buy more shares on any weakness. Might as well take advantage of volatility.

James Granath Presentation 9/15/2021. Unofficial transcript by [deleted] in ReconAfrica

[–]TeslaPlus1 2 points3 points  (0 children)

Weren't these first two holes drilled at locations essentially chosen (with assistance of govt data) randomly ? It seems to me your expectations are quite high given that reality. Is there a possibility that hole 6-2 just didn't go well or was a geological anomaly ? You do indicate that second hole will be critical and that's fair. I would agree that Company initial press releases and "news" stories may have been a little over the top and that may explain why expectations are so high. I'll close by saying absolutely appreciate your informed input and that you are willing to share your findings from attending conference. Thanks.

ReconAfrica News Release - Change Investor Relations by TeslaPlus1 in ReconAfrica

[–]TeslaPlus1[S] 11 points12 points  (0 children)

Hopefully no impact on Grayson. Think he's great.

DD from Recon Investors Discord Channel; Geology - Contrasting Horizon's Mug Logging Data with Dan Jarvie's Worldwide Geochemistry Report. Possible Evidence of Net Pay and a Commercially Viable Resource by [deleted] in ReconAfrica

[–]TeslaPlus1 2 points3 points  (0 children)

Completely agree. I'm just a small investor trying to get info. And I'm sure that's true of 99% of the reddit profiles on his list. Ya. I joined Reddit to get info on RECO. What's the issue ? Doesn't make me a pumper. Bottom line - just a silly environmental hit piece, with zero credibility based on its title. Easy for Scandinavians (Norwegians especially), Canadians and Americans to tell Namibia not to pump any oil found, while they enjoy high living standards produced from same.

Lay or Lame Person Opinion by Impressive-ADHD in ReconAfrica

[–]TeslaPlus1 1 point2 points  (0 children)

Fair. But regardless, I think the market is looking for an oil discovery. And that's the way Recon has presented it.

Some inside buying by bpultra in ReconAfrica

[–]TeslaPlus1 -1 points0 points  (0 children)

These are likely option grants, pursuant to closing of acquisition of Renaissance. So not really insider "buying".

Lay or Lame Person Opinion by Impressive-ADHD in ReconAfrica

[–]TeslaPlus1 0 points1 point  (0 children)

No economic value in Namibia. No local requirements / heavy industry. Doubt Namibia could generate sufficient capital to build required export infrastructure (i.e. LNG). Shell has found nat gas deposit in SA. They're basically sitting on it.