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.

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Reconnaissance Energy (Africa) Ltd > No big dif

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Comment by Elephantson Aug 12, 2020 1:23pm

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RE:RE:RE:RE:RE:RE:RE:No big dif

Not sure there is lots of selling. I called last week and the offering was over subscribed and they closed the book. With the money now raised we'll know by Christmas if this is the real deal. My guess is $5 by November and either $0 or $100 by Christmas.

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Victoria Gold: No cyanide detected downstream since mine incident