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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 veryfishyon Apr 22, 2021 12:47pm
149 Views
Post# 33045502

RE:RE:RE:Why the negative spin

RE:RE:RE:Why the negative spinTo prove a libel, statements have to be untrue. All the facts and statements made are directly from   press releases of RECO and ROE ad SEDAR FILINGS. Everything that has been done by RECO/ROE is legal. But  it is also unethical. RECO even has a Chief Compliance Officer whose background is top tier, and the Chairman of Board of RECO is a Queen's Counsel.
Both they cannot maintain support of the merger and keep their gold plated reputations,  unless they resign. the whole RECO  board needs to resign and without delay. I expect that soon.
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