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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

Post by Hiddensecretson Mar 20, 2021 5:12pm
742 Views
Post# 32845651

700.000 share purchase = PETROLEUM SYSTEM IN PLACE

700.000 share purchase = PETROLEUM SYSTEM IN PLACEThe VP of Investors Relations at RECO who already has 700,000 shares of RECO.V (which is significant exposure on an all or nothing play) decides to open his wallet and DOUBLE UP his  bet by putting down another $700,000 for RECO.V shares.

I have watched enough poker plays to know that when YOU DOUBLE UP it means that you have a very strong hand or, that he saw your hand. 

And the issue of a bluff cannot be entertained as there are no there players out there. 

His message is out and clear:    SHOW ME YOUR CARDS as I have a winner here.

CONGRATULATIONS TO EVERYONE - LOTS OF MILLIONAIRES IN THE MAKING.

My target is $ 250 per share (within 18 months).

MPO
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