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 > Superb Article on OilPrice about RECAF

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Comment by doggiestyleon Nov 05, 2021 1:22pm

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Post# 34092981

RE:RE:RE:Superb Article on OilPrice about RECAF

I want to add to my position but don' trust this rally. It has been nothing but Pumping and Bashing in this stock since early August and the price is getting tossed around like paper in the wind.

They need to validate that they have commerical oil and until they do the shorters and traders are going to be in total control of this - no matter how many Oilprice articles we get.

I think we are still a few months from anything that you can really count on to hold the price firm against the shorts. Its all speculation and trading until then so if your a trader this is probably a dream scenario.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?