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

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TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Nature of the business.

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Post by Shirs1 on Jun 25, 2021 4:14pm

Nature of the business.

This is oil and gas folks. The rocks have been down there for millions of years. The last 48 hours, Nae the last year changes nothing about their properties. Same investment thesis. If you don't like risk businesses don't invest or be part of the hydrocarbon exploration game.

people that could have bought at $1, $3, $5 are still buying now.

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