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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

Reconnaissance Energy (Africa) Ltd > Latest G & M report
View:
Post by Moneycat on Jun 25, 2021 10:03am

Latest G & M report

quotes a Mr Millholland on what he thinks about RECO.  Mr M is the CEO of an O&G company with the ticker VELXF.   That company is currently trading at less than 1 penny US.  Take that info for what it is worth.
Comment by GorgeousGeorge1 on Jun 25, 2021 10:20am
Arthur runs Canadian Overseas Petroleum. He was successful in the North Sea, and came under much criticism for jetsetting around in a company jet and paying himself a massive salary. Nth Sea ops went broke, after taking on too much debt, poorly managed assets, they sold for peanuts. They then drilled a much hyped make or break well offshore Liberia. You want to see a real pump job? He pumped that ...more  
Comment by doggiestyle on Jun 25, 2021 10:27am
Sounds like he's spent everything he had and really needs to money he got for his quote. 
Comment by GorgeousGeorge1 on Jun 25, 2021 10:31am
Last I saw of him he was not looking the best - red face, had put on a stack of weight
Comment by WHVWHV on Jun 25, 2021 5:43pm
Mr Millholland was the executive of OILEXCO, I was taken for a couple of mill by that fiasco, Art pulled out about 16 million shortly before it went t i t s up. Art is a real bully. He lives out at Springbank, I think he still drives the Ferrari he bought with his ill found gains. If he is accusing anyone of being unethical it is the pot calling the kettle black.
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