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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 CammerRecon Sep 21, 2021 5:38pm
188 Views
Post# 33896194

RE:quiet

RE:quietYup, it is quiet. Everyone it seems is waiting for the gang known as the Federal Reserve to issue its decree tomorrow 22 Sep 21 at 2 eastern.

My take is that after the "taper tantrum" Wall Street had on Monday resulting in widespreard drops at the whiff of bond buying slowly they will hold off on any cutbacks and "kick the can" down the road. After all it now came out that many top Fed gang leaders hold big bond and other positions.

So Wednesday pm should be good!
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