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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 > "BETTING" big on oil....
View:
Post by Wynjoe on Feb 03, 2022 10:53am

"BETTING" big on oil....

That's it in a word..."BETTING".And a bad bet.A controversial goverment, and a world hell bent on ridding itself of fossil fuels, yes a great combination,lol.No cash on hand,(to speak of),and a boatload needed,(BIG BOAT),Its also only seismic data yet,no spouting wellhead.Great Dream,now wake up.
Comment by RetirementBob on Feb 03, 2022 1:17pm
IMHO clearly you are trying to distort the truth. They have sufficient cash on hand to drill at least the next 3 wells and run the next 500 KM of seismic. They have clearly stated this multiple times. It seems you are ignoring the facts so you can create your own in an attempt to scare honest investors into selling.
Comment by ZaPhiCa on Feb 03, 2022 5:02pm
Paid basher for sure. 
Comment by WHVWHV on Feb 06, 2022 4:22am
You wight want to be careful you do not get caught in the downdraft, I suspect you are being paid for posting these ridicu;ous posts. When illegal shorters go down they have no loyalty to their minions. https://www.complianceweek.com/risk-management/doj-probe-into-shadowy-underworld-of-short-selling-long-overdue/31237.article 
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