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 > Who will buy my cheaply gotten shares????

<< Previous

Bullboard Posts

Next >>

Post by Wynjoeon Nov 11, 2022 10:03am

226 Views

Post# 35091183

Who will buy my cheaply gotten shares????

I bought shares below $$1.90 hoping for a quick return,not gonna happen,who will be foolish enough to buy them off me at higher s/p???The next well will be dragged out,probably will run into environmental groups during road construction and interest will wane as news cease.I still think this will soon trade below a buck,so I'm putting my MAJOR SELL RECCOMENDATION BACK ON THE TABLE.

<< Previous

Bullboard Posts

Next >>

Rig Count Soars as Utilization Surpasses Industry Averages