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Bullboard - Stock Discussion Forum 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... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Botswana Government official Letter
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Post by Flintstone60 on Feb 11, 2021 8:24am

Botswana Government official Letter

The Botswana Government has expressed concerns over misleading information regarding #ReconAfrica's exploration activities.

The ministry advised the public to disregard misleading publications alleging that #ReconAfrica is, amongst other, planning to frac as it is not factual.


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Comment by teheran10 on Feb 11, 2021 9:10am
I think this Letter had a huge effect on the SP this morning. Look at the bids. Astronomical.  InshaAllah 
Comment by teheran10 on Feb 11, 2021 9:20am
Huge bid was placed at $4.30 and taken out soon after.  Hummmmmm Glitch or something brewing.
Comment by righand on Feb 11, 2021 11:41am
That's a common tactic of someone wanting to buy. Put up a huge and high fake bid to intice sellers to place market bids. Then pull the bid right before open and put in a much lower bid to scope up cheap shares. The games the brokers play.
Comment by crude on Feb 11, 2021 3:23pm
When they get those premarket bids @ $110  they will be stealing my shares !!!!!!!!!!!!!!!!
Comment by crude on Feb 11, 2021 3:27pm
I was very cutious about the protesters , and wondering if they are getting the $15 hr that they got paid in Canada - and if they got bonuses if they made the news ? Sure the guys in Botswana don't know that.
Comment by Elephants on Feb 11, 2021 9:21pm
ask them on twitter. They are suggesting anyone pro recon must be paid. Odd since it is common for the left to do that
Comment by Adwari on Feb 11, 2021 9:26pm
It it good the government acted to correct this. However, disinformation and misinformation spread like wildfire and very difficult to extinguish. It may be have been a ploy by some people bring down the share and pick up cheap shares. Now we need oil gushing out to completely put out the disinformation and misinformation. Go RECO!
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