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 > Officers Selling

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Post by Hotshot85on Jul 26, 2021 9:07am

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Post# 33603522

Officers Selling

is a bad look right now. Timimnig to be unloading shares, optically, is brutal.

any talk or articles about the stock price going parabolic, as AMC or GME is crazyness,

that just is not going to happen to an Exploration company on the canadian venture exchange.

this stock will pop on good detialed news and fall on no news or ambigious news. Detailed 3rd party corroberated, good news will send this thing rocketing. anything other than that, and i see the price falling from here

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