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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 Cancundudeon Jan 20, 2021 5:39pm
457 Views
Post# 32340453

RE:RE:RE:RE:A pullback was inevitable

RE:RE:RE:RE:A pullback was inevitable

I55 got to have a sense of humor on these days especially. Hey if I am not mistaken you were just telling everyone it would be crazy to short this stock? And now your saying it was inevitable? Seems you choose your opinion after the fact. But ya man it was a rough day for many especially the longs that did not have a short position to hedge against as you say the " inevitable" drop. Ya easy to hate on these days. Don't worry this has lots of room to run. Maybe in the future you might not want to give investment advice as clearly your "crazy to short" call was dead wrong. It's all good though. Good luck on this speculative play and hope you bought into the gift you were given today. 

CCD. 

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