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 > Recent shorting

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Comment by SammyBerry2018on Jan 26, 2021 5:05pm

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Post# 32391071

RE:Recent shorting

I have never posted here before this message. Nor will I ever again. You nailed it C6G6Dub6U!! Well said!! People need to keep their opinions to themselves because they don’t have a clue what’s going to happen unless they have done the work and research to learn all about this stock. From what I know this is a very well funded/derisk stock with expert owner managers. Read January 18, 2021, Haywood report. They have increased the target share price to $7. Enough said for me.
Be well and stay safe everyone. All the best!!

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