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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

Post by teheran10on Jun 13, 2021 4:10pm
420 Views
Post# 33379614

My Goodness I’m Shaking My Head

My Goodness I’m Shaking My Head

In 20 odd years of investing, I have never see more negative posts than on this board. Some posters were posting wrong predictions and they were proven wrong by the thus far discoveries. Yes I could ignore some but it's worth to know what some of us think. 

My honest opinion is that a few posters have sold prematurely or want to acquire cheaper shares or are purely shorting.  Some of this talk is utmost nonsense, least to say confusing and fearmongering. 

People, Namibia is a civilized country, some of you may not even know where it exactly is. Mind boggling. Both countries will do utmost protective measures to make sure all goes smoothly.  

RECO will be Showing Off soon enough with World Class deposits and the Majors will be fighting among themselves to be part of this story. I'm suspecting Botswana will be as good as Namibia. 

RECO: $150-$250

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