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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TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > NEW UPDATE TO ARTICLE; SHORT REPORT

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Post by rexdunx on Sep 16, 2022 1:30pm

NEW UPDATE TO ARTICLE; SHORT REPORT

https://www.reddit.com/r/ReconAfrica/comments/xfwf07/reconafrica_short_interest_update_for_83122_short/

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Comment by Yo_Dog on Sep 16, 2022 2:22pm

Quite interesting. The stock has been up significantly since that reported date. RECO ... announce the results!!! When you can of course!

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Comment by Yo_Dog on Sep 16, 2022 4:50pm

Looking at the short report again, since May 31, there has been 1.4M additional shares shorted. Most of these must have been shorted well below todays stock price, since on May 31 RECO closed at $5.15 and traded lower (except for a couple days) all the way to Aug 31 where it closed at $3.5.

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