Replies to post #77300 on Traders Cooperative

[Joe Stocks]

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.

[Joe Stocks]

>>Plenty of "uncertainty" everywhere, between the Fed, the debt,
the Ukraine, etc.... <<

And even more so today...and the market rallies?

Sell the rumor. Buy the news?

Going in to the day I had sold my hedges a couple days ago. The rally gave me an opportunity to take another position in SQQQ before the close.

SMLP earnings on deck in the am.