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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 Banker67on Apr 07, 2021 2:35pm
358 Views
Post# 32950655

RE:RE:THREE powerful hints of a successful drill hole 6-2

RE:RE:THREE powerful hints of a successful drill hole 6-2This project has been pushed quite hard. Higher risk takers have mostly taken a position and are just waiting for positive news beyond “goals achieved”.  (Although like many in here they/we are still buying in the dips depending on the overall weighting of RECO in their portfolios).  Those with lower risk levels, obviously, need more positive information beyond the press release and the addition of two employees regardless of their qualifications and reputations. It may be the same with the second well. So, if one wants to make or lose a few pennies everyday - go ahead - but one day you may regret that you didn’t just reduce your stress and sit on the sidelines with most of us. Those of you who are in continual stress the solution may be to reduce your position in RECO before you have a heart attack or lose your spouse!  BTW, nothing any of us have to say to the company will make any difference to their implementation of the “plan” - only the ongoing results do. I trust management and the experts. That, more than anything is why I am a shareholder - because I don’t know anywhere as much as they do. One day I will celebrate or drown my sorrows with most of you. GLTA
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