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Reconnaissance Energy (Africa) Ltd V.RECO

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

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

Post by teheran10on Jun 10, 2021 3:24pm
404 Views
Post# 33366557

Volume Drying Up......

Volume Drying Up......It tells me that Longs are holding strong and new investors are picking up some loose shares. Shorts are leaving too in the anticipation of possible intermittent and unexpected news. 

I truly believe in the management and everything they have said so far, they fulfilled the promises. It will be a blast to see the SP passing my magic point $20. The strugglers shorts will be kiddling themselves to cover their positions.

Someone mentioned about the Brokers lending your Shares. I is illegal if they do without your consent. I called mine last week and instructed them not to utilize by shares for short selling. They have the right to lend them if you have a Margin Account obviously. 

It is already later here. Thank you Hiddensectets for a lot of informative stuff you post. 
We shall be Giant in the future.

$150-$250 here we come. 
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