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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 veryfishyon Apr 19, 2021 4:51pm
310 Views
Post# 33023795

RE:RE:ARBs ON RECO / ROE ARE SAYING MERGER WILL NOT HAPPEN

RE:RE:ARBs ON RECO / ROE ARE SAYING MERGER WILL NOT HAPPENThe moment one gets emotional about going long or short a stock, the rule is to find another name.
For every buyer of a share there is a seller. To lash out at either side takes one eye off the ball, emotion takes over. Emotion and cognition battle it out to create behaviour. Psych. 101. So reading the posts, best to ignore the emotional postings. Focus on the facts. Drama queens make noise, factual analysis makes money.
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