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

Reconnaissance Energy (Africa) Ltd > From Stocktwits: Itradeup -> short-term 5 bagger

<< Previous

Bullboard Posts

Next >>

Comment by Flintstone60on Jun 03, 2021 5:18am

322 Views

Post# 33317243

RE:From Stocktwits: Itradeup -> short-term 5 bagger

Sorry link didn`t match:

ltradeup21m

 					$RECAF - great news for the longs here, but still so much further to run. At US$10/share we are only trading at the level of a 180-200m barrel discovery. This is still a relatively easy short-term 5 bagger from here. Just wait until the farm-in deals with super majors start getting announced in the coming months. Whatever you do, hang on to your shares and add when you can.

ltradeup22m

 					$RECAF - great news for the longs here, but still so much further to run. At US$10/share we are only trading at the level of a 180-200m barrel discovery. This is still a relatively easy short-term 5 bagger from here. Just wait until the farm-in deals with super majors start getting announced in the coming months. Whatever you do, hang on to your shares and add when you can.