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.

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Reconnaissance Energy (Africa) Ltd > WE KNOW WHY ALLEN, VP IR AND BIG RECO S/HAREHOLDER LEFT -

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Post by veryfishyon Apr 19, 2021 3:12pm

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Post# 33023258

WE KNOW WHY ALLEN, VP IR AND BIG RECO S/HAREHOLDER LEFT -

Doug Allen is a true professional. He mysteriouslty "retired" a few weeks ago, Now we know why. The quite legal self dealing by Steinke was over the top for him. Trouble now is that the stain is out there for all to see. US hedge funds will take this $C1.2 billion promotion to the wood shed. RECO is already down 15% from its $10 high today, i bet succours like Teherean bot at the top, Get ready for a HALT in the stock.... HALT for a long time

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Gold begins to flow at Endeavour's Lafigué mine in Côte d'Ivoire