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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 Oregonduck on Jan 23, 2022 11:53am

Warning Signs

When key people and directors start leaving...Dr Granath has recently exercised hundreds of thousands in 25 cents options and former Chairman Park holds a ton of cheap shares. They are no longer insiders/officers and are not required to file insider reports for the sale/purchase of shares.

Looks like the initial 2D seismic report - without real data to support the discovery and reserves and 120 billions barrels of oil in place - is a work of fiction. A second 2D will be requested. More delays.
Comment by Luckboxx on Jan 23, 2022 2:22pm
It is now 2022 and you are as predictable as ever...as soon as you and your crew start dumping borrowed shares to knock out stops, then my stink bids are there to buy them...thanks, duck.  Quack!
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