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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 NameOfTheGameon Jan 26, 2021 5:15pm
256 Views
Post# 32391223

RE:RE:RE:Recent shorting

RE:RE:RE:Recent shorting
@teheren. On the last dip I flipped 500 shares back and forth. That's ten percent of my holdings. I personally don't have the time to stare at charts to be able to short. Nor would I risk it with this stock. And yes, in a couple of months it HAS had a meteoric rise. I'm up 700+% from July. I'm happy. The stock is doing good and the company is looking more and more solid with a coming growing treasury and support from the community. I do design and engineering work in the industry and I'm telling you, you've gotta see past the noise to actual results.
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