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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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

Reconnaissance Energy (Africa) Ltd > Desperate
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Comment by Moneycaton May 13, 2021 9:18am
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Post# 33190395

RE:Desperate

RE:DesperateI agree...some crazy action on bid/ask this morning.  I think some shorters had small heart attacks when they saw bids of 9.99 this morning
Putting up some of their own shares for sale at 9.10 may help them short time to bring others down to  sell . Market depth is real light back up to those 9.99 asks.  Its going to be a very interesting morning.....could word be getting out about the current hole ?? Time will tell.  Have an awesome day all !!



cyrustg wrote: Bid/ask really crazy this AM as people trying to drive down price .Must be desperate to get in before well2 results released (leaked by Namibian gov. ?).Hold tight.Keep the faith.JMHO

Ciao


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