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 > What would 10 billion recoverable barrels mean for

<< Previous

Bullboard Posts

Next >>

Comment by g0mar7on Jun 14, 2021 4:56pm

349 Views

Post# 33383312

RE:RE:RE:RE:RE:RE:RE:RE:RE:What would 10 billion recoverable barrels mean for

I've got 12,000 shares bought between January and now. Would love more, but would rather not hold this in my RRSP.

Like I said I am hoping it hits the $150 mark. But to sit here and guess what the share price will be, should be ect... without having any idea of proven reserves or any other tests is just dumb and a wild guess. So just say that, dont pretend its anything other then that. Either belive in the story and shut up or provide some back up to any of the figures you provide. Pretty simple.

<< Previous

Bullboard Posts

Next >>

Revolutionizing medical imaging with nanocarbon-based contrast drugs