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 > RALLY this week to NEW HIGHS - Hayward $ 16 per share

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Post by Hiddensecretson Jun 27, 2021 9:36pm

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Post# 33458276

RALLY this week to NEW HIGHS - Hayward $ 16 per share

There is a VERY BULLISH article on OILPRICE site tonight + Hayward raised RECO price to $ 16 per share.

The shorts have run out of amunition and, they need to cover 31 million NAKED SHORT SHARES before the end of July 2021.

The short and distort attack has FAILED and barely affected the overall stock price.

We will rally this week,

I am expecting NEW HIGHS as we approach the $ 16 per share price target put out by Hayward.

You can bet that the Hayward clients are going to be buying this week.

mpo

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Drilling company poised to capitalize on market conditions