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 > Short position transparency

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Comment by Yo_Dogon Jul 02, 2021 10:37am

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Post# 33481666

RE:RE:RE:RE:RE:Short position transparency

The short data doesn't show the acutal short position, just short data related to volume and value. It's unclear if that short volume is day trading ... short early in the day and cover the short at the end of the day, for example. And it's unclear if it counts the covering volume as short volume. What is need it the net volume shorted. The TSXV sends that data out twice a month. I would suspect this is more accurate for declared shorts. Who knows what the naked short position is.

That is how i read the short data on shortdata.ca

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