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Bullboard - Stock Discussion Forum 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 Discussion

Renaissance Oil Corp. > 46million overhang
View:
Post by cyrustg on Feb 20, 2018 11:13am

46million overhang

Will the share price stay at .25 while the recent bought deal people sell the shares , get their money back ,and free wheel on the warrants for the next three years ?
Comment by MajorityMob on Feb 20, 2018 1:44pm
With the upcoming onshore auctions and upper j permits in the balance they would be absolutely stupid to sell any of it.  We should see permits before the selling hold comes off.  There would need to be material negative sentiment for that to be the case in my opinion.
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