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

Reconnaissance Energy (Africa) Ltd > Haywood: Buy rating and $8.00 target price for RECO

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Comment by CoreyBon Nov 10, 2022 2:34pm

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Post# 35089304

RE:RE:RE:Haywood: Buy rating and $8.00 target price for RECO

pacer001 wrote: Let us remember that of course Haywood is rating Recaf a "strong buy"; they have / had a huge position.

And obviously insiders knew that the news was not good and had been selling for awhile as the stock was drifting lower.

Please show the insider sales, as I am not finding any sales listed of late.

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