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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

Post by Redrum180on Jan 18, 2021 10:42pm
386 Views
Post# 32323784

No Hype Needed

No Hype Needed

     RECO is a rare stock that truly sells itself.  I think their website and links thereon lay out their potential beautifully.  (I think that's the first time I ever used the word "thereon" in my life!)

     Someone wrote that a friend didn't want to buy RECO because it's moved up too much.  That hasn't mattered to me as I've been accumulating at rising share prices.  If the stock goes to its potential, I won't care how many shares I bought at 3, 4 or even $5 a share if the stock moves into the double digits.  

     While nobody can guarantee success, this company "checks all the boxes."
   

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