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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 Wynjoeon May 19, 2022 7:43am
102 Views
Post# 34694674

RE:RE:Major sell...

RE:RE:Major sell...You cant ignore reality.according to futures this morning look out below,reco is going to TANK...I told you so and management is either dragging their feet or dont know what they're at.This appears to me like a sell out,a flop,a fight over one lifevest with everyone flopping around in the water.Cannacord must want an exit strategy I.m.o.MAJOR SELL!!!
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