Reconnaissance Energy (Africa) Ltd V.RECO

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

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

Reconnaissance Energy (Africa) Ltd > what about today

<< Previous

Bullboard Posts

Next >>

Comment by Elephantson Jan 21, 2021 9:13am

310 Views

Post# 32343262

RE:RE:what about today

I hope it goes down to be honest. The company is clearly signaling they are finding evidence of hydrocarbons. If others are too dumb to see that and give up their shares cheaper, it sucks to be them. I bought in August and called $3-$5 which few believed me at the time (it hit $5.08 on Monday). Added a bit after that December drop and more yesterday. So save this post for in a few weeks when we will have all sorts of people posting how they wished they didn't sell at $4 or $5. You can tell them Elephants said I Told You So!!!

<< Previous

Bullboard Posts

Next >>

Geologica Resource: Polymetallic upside at a depressed price