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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 pacer001on Mar 29, 2022 11:26pm
350 Views
Post# 34557640

As Putin declines so does oil. But the big question is Recaf

As Putin declines so does oil. But the big question is Recaf

As General Clapper, former CIA director,  said on theTv recently, Putin is not the same man the CIA has studied and knows for decades. He is doing crazy things like ordering recent draftees withdrawn from the front when he needs every soldier he can muster to fight. Now he is pulling his forces back to areas they hold securely and plans to announce a stunning victory of "de Nazification" in early may on the Allied victory day from Ww2". 

Oil is dropping , I am shorting nat gas and oil, since it is believed he will give up the war to save his behind and get sanctions lifted so Russia can pump (to get money for repetitions?). 

Compared to Recaf this is s a all fairly clear. I have not given up on Recaf and am holding but of course eager for some positive direction.

 

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