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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 AceBigelowon Apr 22, 2021 1:07pm
209 Views
Post# 33045675

RE:RE:RE:RE:Why the negative spin

RE:RE:RE:RE:Why the negative spin@VeryFishy,actually, I have caught you saying two untrue things the last 2 days.  One goes to the very essence of your claim about the RECO/ROE merger.  You stated the RECO board gave Steinke a farm out for 100K and rubber stamped him getting a payout.  That is demonstrably false.  In fact, Steinke began the negotiating of the Botswana lease before Recon Africa was even a company.  After the lease was finally agreed to by Botswana after years of negotiations, he allowed Recon Africa to own and operate it in exchange for a farm out.  It was his lease, not Recon Africa's.  Same with the Nambian portion.  He locked up the lease under a private company he owned.  But that is not what you said on here.  You blasted false statements on here for days about the transaction.  And violated libel laws in the process.  

What you have stated is untrue.  And it has been forwarded to the RA team who have been in communication and are concerned about this type of libel.  They are known to be agressive with their lawyers.  Ask National Geographic.  

Just be aware of what happened folks, if Very Fishy suddenly stops posting.      
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