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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 Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).


TSXV:RECO - Post by User

Reconnaissance Energy (Africa) Ltd > institutions and hedge funds
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Comment by Letsmake1on Jan 13, 2021 9:23am
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Post# 32283652

RE:RE:institutions and hedge funds

RE:RE:institutions and hedge funds
Cancundude wrote:

Morning! Just came aboard a few days ago. Sold all my large cap oils back in Oct and have loaded up on small caps. Came across a research report and reached out to others and the excitement in the industry is huge but on the down low, for now. Major money players are taking positions. Having said that the down side with all that excitement is it  feeds and emboldens the environmentalists for international exposure. Not that concerned but will drive the story from two angles which is great regardless. Premarket jockeying is always a good sign for explosive upside. Imagine Big oil are scratching their heads now that they actually see a bought and paid for company rig poking holes in all that virgin ground. Exciting times ahead and wish I got in a moth earlier but better late than never  

CCD



Welcome Cancun...I'm Oaxaca for the winter : )

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