Why Short Sellers Are Desperately Trying (And Failing) To Sink Recon Africa ...Middle East

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Why Short Sellers Are Desperately Trying (And Failing) To Sink Recon Africa
source : OILPRICE ( Middle East ) () 22
When a small, ambitious exploration company starts drilling in a 6.3-million-acre onshore oil play, the vultures descend. In the case of Reconnaissance Energy Africa (TSXV:RECO; OTC:RECAF), those vultures are in the form of short sellers who have stooped to dangerously low levels in their failed attempt to destroy one of the best exploration plays we’ve seen in a long time… and with a company that isn’t just fully funded for a 4 well drilling campaign, but one that’s already reported results confirming an active petroleum…

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