Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s): RECAF

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 > Target price on success: $ 24/share to $ 5,760/share

<< Previous

Bullboard Posts

Next >>

Comment by C6J6Dub6Uon Jan 17, 2021 8:29pm

299 Views

Post# 32316634

RE:RE:RE:Target price on success: $ 24/share to $ 5,760/share

I've put everything I could on here, my portfolio is like 98% reco. Nearly 70grand. (I'm a slow starter investing as I'm 40) People can make their choices they want for themselves. I know my disappointment if this is a flop wil be large, but I also know that If its like Jarvie expects that my wife, my father, and I will be retiring and living a very very good lifestyle far greater than now. I took my own risk assessment and made a decision from that. We are all adults here and can decide for ourselves :) but thanks for your concern.

<< Previous

Bullboard Posts

Next >>

Morning Market Outlook for July 8, 2024