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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  V.RECO.WT | RECAF

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 Matteo1234on Apr 14, 2023 6:25am
200 Views
Post# 35394612

Oregon Quacker

Oregon QuackerPappy my investment strategy has suffered lately,but by keeping a conservative approach and being disciplined has served me well. I would say 70% of my portfolio consists of index funds spread over 6000 companies all over the world. And sovereign bond funds. And I collect steady dividends. Enough to live on. My other 30% invested is in high risk. BTC, ETH cryptos, Gold miners, Marijuana, Magic Mushrooms, Robots, Ai, Space, 3D printing, Fintech, and ARKK. These are long term investments on Growth and disruptive technology. My RECO holding is less than 1% of my portfolio as it is highly risky. The money I have invested is free money as the profits accured trading Reco and Reconaissans Oil. I have nothing to loose. I am still extremly bullish on Reco. On the other hand this Oregon Duck clown, I am pretty sure is invested 100% in penny stocks that are all under water 90-95%. I have been watching him for years. And now he has become bitter and spends his day trashing co. that stole his wealth. Poor soul. Go to Investopedia and study risk management. But as far as this QUACKER is concerned is too late. Old age negates your chances Pappy. Stayhard
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