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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 C6J6Dub6Uon Feb 03, 2021 11:06pm
445 Views
Post# 32467280

Reddit

Reddit
I've been cruising reading comments etc. The reconafrica group is growing large quickly. I've noticed a huge amount of bashing etc on other groups I am assuming this is a sign shorts are getting worried and the perverbial stock bashing is going to get heavier. in the last month we gained a institution buyers. In the last two weeks I noticed insider holdings increased 5% , now I'm thinking that probably was the marketing or something like that shares. We have seen rexo recaf roe rnsfd frankfurt all have an unannounced halt in trade this week. Still haven't heard word. Lots of speculations. When you have the government behind you how can any tree hugger stop moving forward with this? This company is responsible. It takes care of its investment. It took their name.
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