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

Reconnaissance Energy (Africa) Ltd > Recent shorting

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Comment by ratsnake220on Jan 27, 2021 12:42am

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Post# 32396517

RE:RE:Recent shorting

samy berry...well said but it is not de risked.....and dont ever accept a target from a house like Haywood.....if after 3 holes as dusters what does Haywood do....? They have no idea....So if you check deeply you will most likely find their is a investment relationship with Reco....Now saying this i am long because this is in the 20% of my stocks in HIGH RISK.....So if it does not produce....i live to fight another day.....But a $4.00 its been quite a ride.....Be defensive....buy Gamestop!!! lol.....I wonder how long we wait for the results of the 3 hole drill program....

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