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Bullboard - Stock Discussion Forum 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... see more

TSXV:RECO - Post Discussion

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Post by ratsnake220 on May 03, 2021 11:24am

Cnn

Well the downside as a investor is the Gov now has politicla pressure fot stop the project....Story makes me sick.....They have to start sharing the wealth....Do the people need water wells....how about finding some water for them.........Mining Companies do not help the environment....
Comment by Buyhigheatchips on May 03, 2021 12:40pm
A sophisticated African country like Namibia is not going to be dictated to by western environmentalists. Who will replace the millions of dollars in taxes and royalties they're likely to receive? Westerners should stick to activism in their own countries. 
Comment by doggiestyle on May 03, 2021 12:51pm
Its just typical CNN clickbait - The more the word gets out the more people wil start to investigate the compnay and start to look at the numbers / potential here. 
Comment by hydrocarbss on May 03, 2021 2:18pm
Are you that foolish? You think CNN really posts all the facts? https://vimeo.com/493756395   ReconAfrica has begun a program to drill potable water wells and fully equip them so that communities lacking this resource, now have access that is close-by, accessible and used by many.   “I am singing praises to God and to your company, this is the first time I have clean tap-water ...more  
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