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Bullboard - Stock Discussion Forum Genoil Inc GNOLF

Genoil Inc. is technology-based company engaged in the development of technologies relating to the oil and gas industry. The Company specializes in heavy-to-light oil technology, oil field development and exploration and production. It is a provider of hydro conversion fixed-bed technology for the upstream and downstream oil and gas industry. It is also working with Chinese policy banks and... see more

OTCPK:GNOLF - Post Discussion

Genoil Inc > RMPIC appears media shy. Let Davey do the
View:
Post by UpPeriscope on Jul 12, 2021 10:17am

RMPIC appears media shy. Let Davey do the

talking. What he does best. 

"Publicly available information on RMPIC remains scant beyond what the privately owned company publishes on its website, where RMPIC confirms it has already secured critical pacts for the project, including three crude oil supply agreements for the refinery’s 200,000-b/d feedstock requirements, as well as three offtake agreements for purchase of finished products from the site.

Details regarding identities of crude suppliers and product buyers, however, have yet to be disclosed.

While RMPIC presumably will own the project, BPEC and Yanchang Petroleum will jointly operate the refinery upon its commissioning.

Parties involved in the proposed development have not confirmed a definitive timeframe for the refinery’s proposed startup.

Comment by DMA123 on Jul 12, 2021 11:07am
Regarding your earlier post, I thought you were going to contact RMPIC directly to expose the charade not just review their website. Let us all know their response once you actually contact them!      UpPeriscope (11) User Actions   July 09, 2021 - 12:54 PM 81 Reads Post# 33521688 Going right to the source, as I did with Curacao. I do not take Davey's word prima ...more  
Comment by UpPeriscope on Jul 12, 2021 11:17am
I contacted RMPC last Friday via the company website. Upon reading the article today, I am not expecting a direct response.  You misconstrue my earlier comment. I said I would expose it is a charade-if that could be deduced from their response vis a vis Genoil's announcement.  If you're drinking the Kool Aid-I suggest you contact RMPC as well-with your own inquiry. 
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