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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  V.RECO.W.A | RECAF

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.


TSXV:RECO - Post by User

Reconnaissance Energy (Africa) Ltd > Reco closes at 1.34!
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Comment by teheran10on Nov 18, 2020 11:32pm
379 Views
Post# 31928599

RE:Reco closes at 1.34!

RE:Reco closes at 1.34!

C6J6Dub6U wrote:
Anyone have any idea what happens to a stock usually when it closes on its 52 week high, after breaking the high yesterday as well? Tomorrow will it take off again? I watched it most of the day, it sure isn't dipping much. Thoughts?

 

please read our previous posts. 

this stock "may" easily go to $5 before drilling starts in a month.
 

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