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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 calicheon Jan 19, 2021 10:16pm
485 Views
Post# 32330852

RE:RE:RE:RE:RE:Drilling

RE:RE:RE:RE:RE:Drilling
results will be coming in as soon as they hit the source rocks.. probably already seen what they are looking for..

it will not be kept tight.. if i had 500k shares id hire a kid to sit outside the fence and smell, just imagine what shell or chevron will do

my guess is there will be some gut wrenching moves up and down in this name.. stakes this big mean big big players will be involved and they dont care if they lose a few mil to make a few billion.. im in and im holding 2 years..will add on the moves down..

as for pump and dump ive never heard of something so dumb

trading in canada in 30 days has been 190 million dollars add another 100 mil for the us side and we are trading over a quarter billiion dollars in 30 days.. much beyond any p&d outfit ive ever seen

buy
hold 
get rich

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