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 > And one more report

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Comment by Moneycaton Jun 24, 2021 4:39pm

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RE:And one more report

So after reading some of this report by viceroy I am even more confused. How is an average investor supposed to make money ?? If what viceroy says is true then a lot of people will lose a lot of money and surely some people could have legal issues. If Viceroy is is not correct then a lot of people who wanted to invest at the ground levels of a possible once in a lifetime stock might have been talked out of an amazing stock. I am long and actually bought another 100 shares today to put me in for just over 6000 shares..........but reading this makes me mad as someone out there is not telling the truth. I guess time will tell who is telling the truth and who is not !! Time will tell !!