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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 peterj99 on Nov 06, 2022 8:03am

My take

IMHO
FWIW


Recon management is not dumb
There must be a legitimate reason for no news
They will not want a penalty, such as delisting, suspension, anything

It could be litigation, mechanical breakdown, whatever
I am confident they have all the approvals in place
Comment by Yo_Dog on Nov 06, 2022 2:57pm
Peter I'm guessing the gov has them under a tight hole and without that being lifted they have their hands tied. Question is; what is the duration of the tight hole status? Reco will not return emails or calls That there is tellling of a company doesn't care about it's small shareholders.  On another note; imo they may have a can of worms on their hands now. For those who sold ...more  
Comment by pacer001 on Nov 06, 2022 4:29pm
Great post yo! Agree!
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