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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

Comment by Wynjoeon Dec 01, 2022 7:52am
154 Views
Post# 35142227

RE:ALL THE GOOD ABVICE FROM PEOPLE WHO CARE !!!!

RE:ALL THE GOOD ABVICE FROM PEOPLE WHO CARE !!!!As my Grandma used to say "you poor thing",if I was handy I'd give you a hug.Reco is a huge gamble,always was. Some stocks are way better,this is a coin toss ,but if your call comes ,it's a huge pay off. My prediction is the low is in,(won't go below $1.20s .Warrants will be filled at above $9.00 ,oil will be found drilling this next well,and reco coffers will then have enough cash on hand to zero in on a major oil find. Four months to wait,(not that long for a hit or miss),put a small gamble in (what you can afford to lose),and take the plunge.STRONG SPECULATIVE BUY!!!
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