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Bullboard - Stock Discussion Forum
Reconnaissance Energy (Africa) Ltd
V.RECO
Alternate Symbol(s):
V.RECO.W.A
|
RECWF
|
RECAF
Energy
Metals & Mining
Oil & Gas E&P
Industrial Metals & Minerals
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.
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Bullboard (TSXV:RECO)
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(13)
•••
WildWilly1
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Comment by
WildWilly1
on May 25, 2023 2:16pm
RE:Any justice will have to come from the US
Time to due some dd dum dum, check out what the experts are saying about the press release yesterday, hope you get your a-- torched!!!!
(143)
•••
pacer001
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Post by
pacer001
on May 25, 2023 2:06pm
Any justice will have to come from the US
If we look at the infamous Canadien crook, Conrad Black, excuse me the Right Honourable Lord Black of Crossharbour ( a transit stop in Canada) we can expect no justice from Canada. This phony
...more
(143)
•••
pacer001
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Comment by
pacer001
on May 25, 2023 1:47pm
RE:Haywood securities
Haywood Securities has over 300 partners/employees, etc. The amazing thing is that they are members of the the Canadian Investor Protection Fund (CIPF). Talk about the wolf guarding
...more
(143)
•••
pacer001
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Comment by
pacer001
on May 25, 2023 1:42pm
RE:RE:RE:Total Costs to Date
Yes eventually the crooks may be charged. But by then it might be to late to recover any of our monies.
(683)
•••
Frank007
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Post by
Frank007
on May 25, 2023 11:31am
Haywood securities
That's who has been behind the scam ....
(98)
•••
geomanx02
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Comment by
geomanx02
on May 25, 2023 10:22am
RE:RE:Total Costs to Date
Pacer......Thnaks for the info on the estimate $$$ burned to date. Thinking at some point someone is gonna charge those runing RECAF with fraud.
(683)
•••
Frank007
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Post by
Frank007
on May 25, 2023 10:14am
Buy buy buy..
The giant sucking sound of a pump and dump ....
(683)
•••
Frank007
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Post by
Frank007
on May 25, 2023 9:25am
Shorts….
The brokers who loaned them the shares cover at zero.....
(143)
•••
pacer001
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Comment by
pacer001
on May 24, 2023 10:06pm
RE:RE:borrow rates
Mr. Duck, if Recaf goes bankrupt don't the shares become worthless? Don't the markets collapse? How can shorts find buyers to settle their positions?
(143)
•••
pacer001
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Post by
pacer001
on May 24, 2023 10:03pm
Namibian govt bets big …
... not on oil but green hydrogen! Namibia stakes its future on the green hydrogen market Namibia, a country of abundant wind and sun, has ambitions to be one of Africa's first green hydrogen
...more
(143)
•••
pacer001
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Comment by
pacer001
on May 24, 2023 9:57pm
RE:High loan rates is bearish
I really do wonder about the sanity of traders paying these high rates on such a bad stock like Recaf. How can they afford to? There can't be that much room left to profit.
(132)
•••
Oregonduck
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Post by
Oregonduck
on May 24, 2023 8:12pm
High loan rates is bearish
Professional traders are willing to pay high borrow rates or loan rates because they have high conviction that despite the stock having fallen 90 percent or more, it looks to be going bankrupt.
(143)
•••
pacer001
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Comment by
pacer001
on May 24, 2023 5:46pm
RE:borrow rates
The banks are in really bad shape so it is no surprise they are jacking up rates. But as they jack the rates up things only get worse. They are shooting themselves in the foot! Last night I was
...more
(143)
•••
pacer001
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Comment by
pacer001
on May 24, 2023 5:41pm
RE:Looking at the image of the eFTG, it looks like the first
"Black gold" huh? Is that not the sludge from the nearby sewer/waste treatment plant?
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