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Reconnaissance Energy (Africa) Ltd V.RECO

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

Comment by PunkRockyon Apr 18, 2021 5:19pm
337 Views
Post# 33019553

RE:RE:RE:CEO told me..no news until 3 drill program complete

RE:RE:RE:CEO told me..no news until 3 drill program complete
Letsmake1 wrote:
So Rocky..from what I'm hearing here is...
Your girlfriend wouldn't put out on your time frame so you dumped her...Your buddy started dating her and he was willing to wait as she is a super hottie and she gave him the prize.

Now you're running around screaming foul play and calling both of them bad names..

Is there anything I'm missing here or does that just about sum it up fellas?

The concept is called "keeping your word".... management should have talked it out with government to agree on the terms of dissemination of info.  Right now as it is, RECO management misled investors. Call it what you want, but these are the facts. When you propose something with terms to the world and you then reneg to the detriment of the shareholders, it's misleading... and investors act upon the disseminated info at the time.

Regardless... whoever held onto their shares, I wish you all luck. But as I mentioned above, I'm not happy about what happened. And I'm sure there are other investors as well who feel the same.

PR
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