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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 doggiestyleon Apr 21, 2021 1:43pm
230 Views
Post# 33038052

RE:RE:Question about 2D Seismic

RE:RE:Question about 2D SeismicI agree the news vacuum is a period where stocks tend to settle in to a lower range but you are blatantly overlooking the fact that prior to the latest jump we had only had the potential and the "hope" of an OIl discovery. 

Now we have a lot of evidence of a working OIl system.  This is likely one of the most important news releases we wil ever get on this. It is a complete game changer and It should put a floor on this stock during the news vaccum period. No doubt you are trying to accummulate which explains your postings trying to drive down the price.  


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