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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

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Post by cyrustg on Jun 19, 2020 8:52am

Botswana

Too bad we cannot get some of the $45 million owed for the 18 wells drilled the last three years that are providing income to Mexico. The company could drill a couple of wells in Botswana and take shares in RECO as payment for their half the costs . Win win for both companies but need Mexico to honour its obligations!!!! Canadian gov't should be helping  pehaps we could sell the debt to the feds at say a 30% discount and let the governments fight it out 

Wishin' and Hopin'
Comment by Ebenizer3 on Jun 19, 2020 10:03am
don't think it will be long before people figure it out that the relationship between Renaissance and reconnaissance, u might want to take advantage before the word gets out. Amatilin 60000 acres in a country that doesn't want you there compared to 2.45 mil acres(roe has 50%) am guessing roe already has a couple of spots picked out. Good luck to all
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