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).

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Reconnaissance Energy (Africa) Ltd > From yahoo boards

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Comment by Cancundudeon Jan 17, 2021 9:18pm

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Post# 32316784

RE:From yahoo boards

I sold 50% of each of all my small and mid cap Friday morning. Kept BIR and CS which had some slight gains but RECO hammered it home with a nice big block trading in the last minutes and driving us up yet again right at the end of day. Trades like that suggest institutional money putting in a buy and they want it filled toot sweet. Having said that I really would like to see a very healthy correction so I can load back up and take a break for a quater or two. As much fun as the last 9 months have been it's been exhausting.

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