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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

Comment by DJLondonon Jul 05, 2021 6:46am
317 Views
Post# 33491817

RE:Viceroy short report

RE:Viceroy short report
Hi Matteo, so this isn't an attack, but a gentlemanly conversation. I think the paid stuff with Haywood is par for the course. When you are a newish stock on the TSX Venture with no track record you are unlikely to get much, if any, analyst coverage. So the paid route is pretty much your only option early on. Once Recon is further down the track the analyst coverage will take care of itself, especially if uplisting as Craig Steinke suggests they might. From my own DD on Viceroy. The major success there was with regards to Wirecard and the suggestion is that their report might not have been entirely their own work. However, they were completely wrong on AMD. IMO Viceroy is a straw organisation with no real funding behind them and are paid shills for proper short funds that cannot be seen to get their hands dirty. I can agree with you on this one thing - circular self-congratulation doesn't take the debate forward, but, on the other hand, I prefer positivity to it's alternative.
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