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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

Post by Oregonduckon Sep 20, 2021 2:04am
406 Views
Post# 33885441

The Lehman-style Bear Market is here

The Lehman-style Bear Market is hereSell what you can, not what you want !!!

You would be lucky when you have promoters desperately trying to hold up some over-hyped penny stocks by paid pumpers giving investors a chance to dump and exit their stock. When the dam breaks, the pumpers will be long gone.

Like Lehman, Chinese stocks will start off the contagion and US and Canadian stocks will follow. You should be wary of penny stocks from Howe Street and companies listed on the US “Pink Sheets” where misrepresentations and fraud are common place.
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