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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 pacer001on Mar 29, 2022 11:26pm
364 Views
Post# 34557640

As Putin declines so does oil. But the big question is Recaf

As Putin declines so does oil. But the big question is Recaf

As General Clapper, former CIA director,  said on theTv recently, Putin is not the same man the CIA has studied and knows for decades. He is doing crazy things like ordering recent draftees withdrawn from the front when he needs every soldier he can muster to fight. Now he is pulling his forces back to areas they hold securely and plans to announce a stunning victory of "de Nazification" in early may on the Allied victory day from Ww2". 

Oil is dropping , I am shorting nat gas and oil, since it is believed he will give up the war to save his behind and get sanctions lifted so Russia can pump (to get money for repetitions?). 

Compared to Recaf this is s a all fairly clear. I have not given up on Recaf and am holding but of course eager for some positive direction.

 

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