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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | RCNWF | V.RECO.WT

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 g0mar7on Aug 05, 2021 4:55pm
234 Views
Post# 33661054

RE:Investors do not like UNCERTAINTY

RE:Investors do not like UNCERTAINTYCouldn't agree more.

Why all the interviews pumping this July release up and when the world was watching, you release the bare minimum. 

All the "Big money sitting on the sidelines"  waiting for this?

I mean even if this turns out to be a pump and dump, this was one hell of a poor pump.

The other thing that annoys me is why the hell wouldnt you have made the investors aware of the fact that Nanimba owns the core samples and why wouldnt you have just let us know what the July news release would have so that investors arent suprised. Like way to 100% play into the bag holders short narrative.

I would have been better off not having a news release at all. I am still in as I was prepared to lose my entire investment at the $3 range. But an absolute drop of the ball on this one.
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