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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 Jun 23, 2022 12:51am
491 Views
Post# 34776110

Traveling Circus to Namibia

Traveling Circus to Namibia

Matt Warder, the new IR guy who is smart to get cash remuneration, and a few analysts including the Haywood guy will be in that town to see fir themselves the new drill site, the water wells discovered and meet with the Minister of Mines and Energy.

Is he the same Haywood analyst who predicted the stock is worth $16 last year ?? That reminded me of Richard Kelertas, the analyst, who famously called Muddy Waters short attack on Sino-Forest "A-Pile-of-Dung". He was later booted out of Dundee after Sino-Forest filed for bankruptcy.

Be careful what you hear after the circus left town as the Co had not been opaque with their drilling results. Has anyone seen any oil in their hundreds of core samples?? Were they lying then, or are they lying now?? 

 




 

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