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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 Strodon Jan 27, 2021 3:47pm
255 Views
Post# 32401592

RE:RE:RE:RE:RE:Environmentalists groups...

RE:RE:RE:RE:RE:Environmentalists groups...Just for you Coco, the king of clowns. Mid December I said how I thought, probability wise nothing for sure, there was another flush down to 1.40-1.65 and we got it. No crystal ball just years of watching charts. I think we have that probability again, of course could be wrong and that is another scenario I have that I will trade. But if we flush down which I think is more likely presently, evil shorters? just plain selling? or the magic of geometry? I have no clue, but these things repeat again and again. If we flsuh I think the 2.50-3.00 is a great area to buy for a log 1x1 to around $10.

For the record I though we would pause at $3 and we did not, so there you go no crystal ball here.

Make of it what you will, I am trading it.

Over to the circus.
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