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Renaissance Oil Corp. RNSFF

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.


GREY:RNSFF - Post by User

Bullboard Posts
Comment by CDNplungeron Jan 29, 2017 2:15am
125 Views
Post# 25769067

RE:RE:RE:trump tax

RE:RE:RE:trump taxI have no idea how business works there, but I would assume that you would be selling your production in US$ in the futures markets, taking those US$ and converting them to cheap peso's. So maybe some costs are net less, but maybe youre using a US or Canadian based service company and they charge accordingly so it's a wash. ?? Time will tell.

I'm a bit surprised the stock isn't creaping up a bit. I guess the royalty situation is more significant than I thought it would be.

Bullboard Posts