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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 SunnyRanchon Jun 08, 2021 8:38pm
366 Views
Post# 33352848

RE:RE:RE:wow....

RE:RE:RE:wow....I think the magic of being in early is share accumulation. Right now we are actually very lucky that a lot of big money's hands are tied on this. I still can't believe there are 3 million shares officially short it's almost unthinkable in this kind of climate and that was after all the shorts left. A new group actually came in the float has really been tightening on certain days someone actually went short into strength. Renaissance's shares have been on Ice for years as they damn well should have as he's Steineke is the guy who found it secured it and picked this group. It's over
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