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 > Buy the weakness

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Comment by Moneycaton Jun 08, 2021 11:24am

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Post# 33347729

RE:RE:RE:RE:RE:Buy the weakness

They will not do anything. This trading is all computers and trading algorithims at this level. We just need to wait for more news at the end of the month. The real big money is still waiting till this is fully de-rsiked. In the meantime it will have more days like today. I personally am not willing to trade in and out as we learnt last week the company is willing to give out news any time........