Bullboard - Stock Discussion Forum Renaissance Oil Corp. RNSFF

Energy

Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.

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Post by moneywinner1on Apr 21, 2021 9:50am

Will we all have to approve this low bid for ROE?

I think it should be at least 0.50-0.58

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Post by veryfishyon Apr 21, 2021 7:51am

ROE WEB SITE DOWN DURING MERGER NEWS - VERY FISHY

3 days after merger announcement, why is ROE web site down? Very fishy.

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Post by hydrocarbsson Apr 21, 2021 7:23am

Renaissance Oil Corp Website down since the LOI PR

Site is currently unavailable. Please check back soon. No sign of it being back up any time soon.

Comment by Ebenizer3on Apr 20, 2021 10:20pm

RE:Wonder what will happen to the Mexican assets

the latest Haywood report stated that they would sale or turn it back to the gov. hopefully they at least get a coke and a bag of chips for it.

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Post by hydrocarbsson Apr 20, 2021 10:04pm

Wonder what will happen to the Mexican assets

Can't believe Recon wants to mess with that cluster. Package it and sell it off.

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Post by YycBuddyon Apr 20, 2021 3:37pm

Well 2 updates ?

They will update well 2 status shortly ...... GLTA

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Post by Svenstockon Apr 20, 2021 3:22pm

Hidden gem! C.CSS

Comment by doggiestyleon Apr 20, 2021 2:08pm

RE:RE:RE:RE:Why buy yourself at 0.30 ¢ when you can buy at 0.16 ¢ soon

It is a serious pricing dislocation though at between %12 and %15. Not somehting you see very often. I believe there are some heavy sellers that were long time ROE holders that don't believe i the ...more

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Comment by doggiestyleon Apr 20, 2021 2:02pm

RE:RE:RE:Why buy yourself at 0.30 ¢ when you can buy at 0.16 ¢ soon

FastIroc. It depends on the market response - the GAP will likely close steadily between now and the 30 days as ARBs become more comfortable with the transaction

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Comment by aYozzzon Apr 20, 2021 1:49pm

RE:Why buy yourself at 0.30 ¢ when you can buy at 0.16 ¢ soon

Added this morning. Thanks for the fire sale.

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Comment by FastIrocon Apr 20, 2021 1:43pm

RE:RE:Why buy yourself at 0.30 ¢ when you can buy at 0.16 ¢ soon

Do you have to hold them for 1 month minimum in order to take advantage of the leverage ?

Discussion

Comment by doggiestyleon Apr 20, 2021 1:32pm

RE:Easy math, roe still undervalued

At $10 for Reco - ROE is worth 46 cents. $9 - 41.6 $8 - 36.8 $7 - 32.2 $6 - 27.6 Its trading at 32 right now which vaues RECO at under $7 (but its actually trading coser to $8). At one ...more

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Post by Rogerthat2on Apr 20, 2021 12:59pm

Easy math, roe still undervalued

reco at 7.93 currently. x .046 reco share for 1 roe share per LOI = equivalent roe share value of .365 cents. Roe is trading at a discount today. Haywood values ...more

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