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 > Shorts are

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Post by InvrsContrarianon Jun 22, 2021 9:12pm

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Post# 33432054

Shorts are

The market makers here boys. Recaf at over 60% of trades. They are trading among themselves. What happens down south is reflected up here on the {ad} venture. Reco is past its glory days for the shorts, but even at 30%of all trades I'm sure more than few of their transaction are amongst themselves. {Among us} investors we are cheering for the shorts to move the price higher. Just be careful, because if they get coordinated, and get their act together down will the price come.

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