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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 pacer001on Dec 13, 2022 1:54pm
284 Views
Post# 35169043

You win some, you lose some

You win some, you lose someI lost in Recaf and it hurts because I think I have been pretty good at avoiding scams. Recaf was coated in legitimacy and seemed to be a calculated bet.

I take solace in that I avoided the great bitcoin / crypto scams of our time. Many kids of my friends kids became hooked on it convinced they we're better and smarter than us oldsters. They have lost big time including monies saved for houses. I told them to avoid bitcoin and crypto like the plague which it was. This crypto craze was far worse than the Dutch Tulip Craze and Bubble of the 1600s which it was kind of similar too.

Ok, I lost, not too much, am not happy about it but am sticking to my solid nat gas  trading. I still might take some flyers but have to recover from Recaf first.

So folks I you are beating a dead horse here. Find another to ride.
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