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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 Wynjoeon Aug 15, 2022 2:37pm
109 Views
Post# 34897183

RE:SEC on Naked Short Selling

RE:SEC on Naked Short SellingBriex gold management actually bought gold and mixed with drill samples to enhance results, reco management already has a class action lawsuit against them for stock manipulation. Environmentalists are screaming inefficiencies in reco's strategies. The kavango basin will see a mix of environmental elites like never before,as soon as someone hugs a baby leopard or photos a hurting hippo,just the way life is.On top of all this pipelines will have to be permitted even if oil is found in recoverable quantities.This is far from a slam dunk and when the holders of all those 12 cent..18 cent.. and thirty cent shareholders decide to exit,look out for a stampede to the bottom.Just wondering and putting the other side forward,after all it's not all Rose's as some would have you believe.
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