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Reconnaissance Energy (Africa) Ltd V.RECO

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

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

Comment by C6J6Dub6Uon Jan 17, 2021 8:29pm
320 Views
Post# 32316634

RE:RE:RE:Target price on success: $ 24/share to $ 5,760/share

RE:RE:RE:Target price on success: $ 24/share to $ 5,760/share
I've put everything I could on here, my portfolio is like 98% reco. Nearly 70grand. (I'm a slow starter investing as I'm 40) People can make their choices they want for themselves. I know my disappointment if this is a flop wil be large, but I also know that If its like Jarvie expects that my wife, my father, and I will be retiring and living a very very good lifestyle far greater than now. I took my own risk assessment and made a decision from that. We are all adults here and can decide for ourselves :) but thanks for your concern.
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