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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).


TSXV:RECO - Post by User

Comment by Strodon Dec 18, 2020 3:30pm
346 Views
Post# 32142031

RE:wall at 1.98-2.00 gone..wow

RE:wall at 1.98-2.00 gone..wowGuys there are some serious amateurs knocking around here, especially tech analysis wise. This needs to close above 2.00 solidly, maybe a day or two to confirm going higher right now. I believe we will go a lot higher but lets be clear on present probabilities. 

People saying that they won't sell before $150, what if it does not get to $150? And if it hits $50 and comes back to $20, nromal in bull markets, the guy that couldn't handle a few cents against claims he will hold to $150? One step at a time guys, lets stop telling the market and read the market.
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