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).

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Reconnaissance Energy (Africa) Ltd

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Post by curious14on May 24, 2021 6:31pm

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Post# 33257892

Short Position

Everyone seems to be to much worried about the shorts.

Officially it looks like there are 2,341,335 Shorts not 12 Million, if they are then they are illegally.

I am dealing with the TD Bank, I checked my statements since Jan. 2021 and all my RECO Shares are listed as being (SEG) meaning Segregated and can not be lent out for shorting.

If the second drilled hole comes in anywhere near the first drilled hole then the illegal Shorter’s will be destroyed, and that is what the Shorter’s are scared of.
GL.

c14

Short Positions for RECO

Symbol	Report Date	Volume	Change	Shares Issued	% Float
V : RECO	2021-05-15	2,542,876	2,341,335	156,808,071	1.62
V : RECO	2021-04-30	201,541	99,355	154,168,928	0.13
V : RECO	2021-04-15	102,186	32,389	154,168,928	0.07
V : RECO	2021-03-31	69,797	-2,380,454	68,579,500	0.10
V : RECO	2021-03-15	2,450,251	443,929	146,863,032	1.67