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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 nealhugh on Jun 28, 2021 10:00am

fyi

ReconAfrica – No Oil? Pump Stock Drilling blind for oil in Namibia : ReconAfrica is a stock-promoted junior explorer drilling imaginary oil basins in a fragile ecosystem. A disaster waiting to happen. JUNE 24, 2021 – Viceroy Research is short Reconnaissance Energy Africa Ltd (TSXV:RECO), a junior oil miner specializing in stock promotion and insider enrichment. RECO’s mining assets are not highly speculative: they are borderline imaginary. Despite a CAD ~2bn market cap, RECO has a near-zero chance of finding any asset of value in their exploration site, and an even lower chance to capitalize on any find. RECO management (including shadow directors we identify) have a long and checkered history of bribery and corporate and environmental scandals. More recently, RECO have formally engaged a Namibian businessman who has been implicated in dozens of bribery investigations. This piece follows exceptional investigative journalism and whistleblower reporting from the National Geographic, the Globe and Mail, and The Namibian, which we will cite and tie in to our findings. Once RECO’s promotional veil has been pulled back, we believe the company will revert to trading as a speculative, but highly unimpressive, penny-stock.
Comment by RecototheMoon on Jun 28, 2021 10:05am
What is the point of this idiotic post?  This has all been debunked
Comment by farml1234 on Jun 28, 2021 10:47am
Please keep on shorting RECO stupid 
Comment by Buyhigheatchips on Jun 28, 2021 11:06am
You guys at Viceroy must be sh!tting youselves now. 
Comment by Bpultra on Jun 28, 2021 11:11am
============= thinking Viceroy is just a small player... they have been paid for thier hit piece .. its the big boys behind them that are taking some tums this AM..
Comment by Moneycat on Jun 28, 2021 11:13am
Reco is holding strong this morning but we longs  should not gloat too much...this battle is long from over.  I think we will see another co-ordinated attack later this afternoon.  Hold strong Reco'ers !!
Comment by Plus50 on Jun 28, 2021 11:18am
Got a 1000 more just over $10. Glad to see Reco respond to all the fake news.
Comment by Redrum180 on Jun 28, 2021 11:55am
     Suddenly, the eco system became "fragile."  I hear six turtles and a chicken passed out from gas fumes...a tragedy!  (Regulators:  That is a joke!)      Somehow this "imaginary" oil basin has shown the presence of un-imaginary oil and gas.  How the flock did that happen when they're supposedly drilling willy-nilly ...more  
Comment by TenneseeOil on Jun 28, 2021 6:27pm
Yawn... My neighbors Labrador Retriever could have written a better short report. To be credible you have to get something right, heck anything... If you read the documents which govern the development of this play. Between Recon and Nambiba and were agreed to in January this ridiculous short position wouldn't have been taken. It outlines specific order of procedure's etc...  The ...more