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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. > Pandering
View:
Post by cyrustg on Jun 22, 2019 11:49am

Pandering

Pehaps Amlo is reading Trumps playbook and announcing things to pander to his base and then quietly doing the opposite ala the fracking ban.
Comment by Luckboxx on Jun 22, 2019 2:23pm
Company told me they know nothing about any of these articles and still operating as before.  It  looks to me like a lot of weak hands were flushed out by uncertainty (and perhaps institutional buyers seeing on opportunity with some fake news???) JMHO
Comment by Ebenizer3 on Jun 22, 2019 2:57pm
wouldn't call sp global platts fake news there just reporting what was said by pemex's cfo which is supposed to be there business plan at the end of the month. the fact roe acknowledge the first article and talked to pemex seems like they would be eager to refuke any claim that migration was off the table. That being said seems like amlo and pemex just throw anything to see if it sticks ...more  
Comment by Luckboxx on Jun 22, 2019 4:11pm
The CFO comments say nothing as to what private operators are doing or having planned on their licensed property or in regards to existing contracts.  There is a lot of room for interpretation here just like with the “AMLO banning fracking” articles last year.  Only 22 trades total on TSV yesterday BTW.  Just sayin. 
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