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

Alternate Symbol(s):  RECWF | RECAF | V.RECO.W.A

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... see more

TSXV:RECO - Post Discussion

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Post by stiffupperlip on Oct 27, 2023 1:51am

Valuation

Does anyone know what value Recon placed on its mexican assets when it merged with Recon Africa? Did anyone benefit from this transaction?
Comment by WildWilly1 on Oct 27, 2023 10:18am
It didn't merge they are 2 seperate companies.
Comment by pacer001 on Oct 31, 2023 5:00pm
Who benefited from this Mexican deal? Well I will tell you who certainly did not: us shareholders! I bet Craig and the gang made out very handsomely!
Comment by Plus50 on Nov 01, 2023 10:18am
I agree totally. Sharholders got zilch.
Comment by WildWilly1 on Nov 01, 2023 11:18am
Well you would have needed to have shares  in Renaissance and sold just after they started Recaf that's when Renaissances shared started to take off ,I had bought in years earlier at.o5  - 13 cents & had accumulated over 300,000 shares I sold at .68 cents. If you know what you are doing & don't listen to these idiots & racist comments on this board u can make a nice ...more