Renaissance Oil Corp. RNSFF

RE:This would be deep thought process

[LandCruiser1983]

I believe this extract from  a interview with their  (RECO)  V.P. of drilling ,    Nick Steinsberger,   tells us why there is little interest, as shown by limpid stock movement, in ROE at this time.       " There’s a test well on a shelf to the left that has the same rock in it as Kavango. Although Kavango will be deeper, more thermally mature, hotter, or more cooked. In other words, Owambo’s shale was shallower and immature; the rock couldn’t produce hydrocarbons"   
                                               They may,IMHO,get around to exploring Roe's holding a loooong time in the future but RECO is in play now. I hold both to be safe but ROE is long term hold,still worth the risk for its low s.p.cost.