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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

Comment by CoreyBon Apr 22, 2021 12:19pm
174 Views
Post# 33045230

RE:RE:Why the negative spin

RE:RE:Why the negative spin
veryfishy wrote: Your RECO board and ROE board were ordered  to create the conditions of  a lay up for Mr Steinke
$100,000 to $1.3 million in 2 months and then in 9 months  to $18,6 million with  the pound of  flesh being a   15% dilution to RECO shareholders. The RECO board did not protect non insider RECO shareholders. This is the biggest RED FLAG -- RECO directors are proven to be rubber stamps for Mr. Steinke and now both stocks are being daily punished by being  attacked by the market in a death of a thousand cuts 5%-10% declines per day as investors  become more and more skeptical of the discovery announcement and future press releases, which  will seen as  very fishy  - not be accepted as complete,  by the market.


You do realize that your "death of 1000 cuts" claim comes after a meteoric rise in stock price from 26 cents a year ago to over $10 a week ago?  You officially are a fking idiot verging on libelous statements which I hope have been reported to the companies in question and extra hope that they take your loser a$$ to the cleaners. 
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