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 > Why Recaf were will go to $5 sooner than later!

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Comment by cyrustgon Nov 14, 2022 9:58am

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Post# 35096313

RE:RE:RE:RE:Why Recaf were will go to $5 sooner than later!

The stock wouldn't be $5.00 for longer than the first trade after the reverse split announcement !! The shorts ould be salivating when the company makes that press release. It would only give them more room to drive it down . It will only lessen our investment and we will still be under $5.00. Besides , I'm sure the big companies would see right through the scheme and probably short it as well. It very rarely turns out well for companies who try it.
You believe the company or you don't. If not ,sell, Good things come to he who waits .Ciao

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