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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Reconnaissance Energy (Africa) Ltd > Has this been posted ... if so sorry

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Post by Bpultra on Jul 01, 2021 2:31pm

Has this been posted ... if so sorry

https://www.baystreet.ca/articles/stockstowatch.aspx?articleid=68283

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Comment by Bpultra on Jul 01, 2021 2:34pm

=============== this is the best part.. The problem we see for short sellers now is that ReconAfrica (TSX.V: RECO, OTCMKTS:RECAF) either got lucky on its first two wells in finding an active petroleum system, or it knew what it was targeting in the first place and luck had nothing to do with it. Either way, it's good news for Namibia and bad news for short sellers whose misinformation ...more

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Comment by CammerRec on Jul 01, 2021 2:43pm

Bpultra, a good post but the second well has been drilled and some results in. They are now on to the 3rd well. And we are awaiting more detailed analysis.

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Comment by AUborealis on Jul 01, 2021 2:53pm

Do some DD lazybones. We're not finished the second well yet. We had an interim report on it, and the results look (and smell, apparently) quite promising.

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