Quote:
Originally Posted by The Fonz
What to do with Reconnaissance Energy Africa. They had some positive drilling results a couple weeks back and the share price nearly tripled - they now sit at a 1.25B market cap. Is it too late to get in? Or does this company have 10B+ valuation potential? They’ve got the rights to about 10M acres there and sounds like billions of barrels of oil in the basin they’re exploring.
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Quote:
Originally Posted by The Fonz
Up another 10% today
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I think I’m just talking to myself on this, but anyway, trading was halted on RECO today. I read it was RECO itself that requested trading be stopped. I’ve never heard of a company doing this.
Tomorrow should be interesting.