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Joe Stocks

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Re: Wishthiswasmyjob post# 77300

Monday, 02/21/2022 12:00:46 PM

Monday, February 21, 2022 12:00:46 PM

Post# of 77456
RECAF - Interesting story. Early stage resource development companies can be extremely good, or bad. I would have to do more research. One problem is that they continue to issue more shares to develop the resource, diluting current holders. With more recent shares issued their market cap is already at $1.03billion. But, it does appear ready to start showing increasing production.

This analyst link was interesting.
https://clients.haywood.com/uploadfiles/secured_reports/RECOJan202022.pdf

Does this report indicate they will be cash flow positive this year?

Thanks for the idea! I need to read up on this one more.

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