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Bullboard - Stock Discussion Forum
Reconnaissance Energy (Africa) Ltd
V.RECO
Alternate Symbol(s):
RECAF
|
V.RECO.WT
|
RCNWF
Energy
Metals & Mining
Oil & Gas E&P
Industrial Metals & Minerals
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...
Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).
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TSXV:RECO - Post Discussion
Reconnaissance Energy (Africa) Ltd
> In my opinion today’s news was a primer for news next week!!
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•••
Oldschool2022
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Post by
Oldschool2022
on Sep 08, 2022 8:23pm
In my opinion today’s news was a primer for news next week!!
Tomorrow I’m expecting us to trade in the $4.80 to $5.20 range and we hopefully will close the day over $5. Then next week would be perfect timing to announce if we have a gusher or not. Shorts will start to cover and give us lots of momentum next week. Imagine a JV partner with deep pockets and a huge oil discovery announced soon. We would be trading much higher then $4.80 per share. Just my thoughts. Cheers!
(60)
•••
pacer001
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Comment by
pacer001
on Sep 08, 2022 9:46pm
Agree old school, right you are!
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