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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Class action lawsuit...
View:
Post by Wynjoe on Feb 16, 2022 5:58pm

Class action lawsuit...

Looks like we will retest the low of $5.50 witnessed last month in January.Hope it holds,but I doubt it,while lawyers delve deeper into the goings on in this fiasco,only time will tell. Environmental concerns are maybe the biggest,but tsx sec.rules on pumping is no small matter.I still find it personally offensive that my Royal Bank analysts give this stock a 5 star and over an 11 dollar value when at best this is a penny stock.No offense to anybody here,just my take on things.Goodluck,this imo. Is a MAJOR SELL.
Comment by yureja on Feb 16, 2022 7:15pm
This post has been removed in accordance with Community Policy
Reconnaissance Energy (Africa) Ltd
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