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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... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Their new offering- yet another sign of desperation!
View:
Post by pacer001 on Jun 27, 2023 7:28pm

Their new offering- yet another sign of desperation!

Their at it again! Looking for new suckers to give them millions more.

One would have to be goofy to buy at a price that is higher than the market price. Plus it is obviously in a downward death spiral.
Comment by Jesus1000x on Jun 29, 2023 2:42pm
the only way I'd ever buy shares again is if they decided to drill 5 to 10 wells on their own then they can farmout after or do jv with the new commercial production. Hopefully they do this.
Reconnaissance Energy (Africa) Ltd