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Bullboard - Stock Discussion Forum Renaissance Oil Corp. RNSFF

Energy

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.

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Comment by wmstockon Apr 19, 2021 10:35am

RE:RE:RE:RE:RE:TIMBERRRRRRRRRRRRRRRRRRRRRRRR! ROE go to at 0.16¢ very fast

Pursuant to the LOI, ReconAfrica will issue to each holder of a Renaissance Share 0.046 of a common share of ReconAfrica

117

Discussion

Post by petesfreak15on Apr 19, 2021 10:32am

To simplify....

Its not a cash buyout - its a share swap. Lets hope there is more news on Reco side, and our management can negoiate a better swap (considering our 50% rights to it). Even a point .005 ...more

224

Discussion

Freegold Intersects 3.62 g/t Au over 42m and 1.23 g/t Au over 170.7m

posted Nov 13, 2024 9:00am by Freegold Ventures Limited

Four specific holes were drilled to facilitate additional metallurgical testing and were strategically designed to collect representative material from the deposit while improving infill drilling efforts. Approximately ~2,400 meters of ½ PQ core (~ 20 tonnes) have been shipped to BaseMet Labs in Kamloops, BC, where a comprehensive suite of metallurgical testing is currently underway ...read more

Post by Moneycaton Apr 19, 2021 10:22am

People need to learn basic math

This should be at .46 cents. Plain and simple!! It was not a dollar value agreement....it is a share value agreement. .046 of a RECO share for every ROE share !!

227

Discussion

Comment by Ebenizer3on Apr 19, 2021 10:21am

RE:RE:RE:RE:TIMBERRRRRRRRRRRRRRRRRRRRRRRR! ROE go to at 0.16¢ very fast

it's based on the closing price last Friday.

103

Discussion

Comment by Ebenizer3on Apr 19, 2021 10:19am

RE:If the offer is around 0,28 how to explain the actual price?

The difference between the US and CAD dollar. This is the Canadian board.

102

Discussion

Comment by nomoneyon Apr 19, 2021 10:18am

RE:RE:RE:TIMBERRRRRRRRRRRRRRRRRRRRRRRR! ROE go to at 0.16¢ very fast

Where does it say the price is locked in at .345? The .35 was based on a 1.45% premium to Reco's closing price on Friday. The release says .046 of a Reco share. That's now ...more

122

Discussion

Comment by wmstockon Apr 19, 2021 10:17am

RE:RE:RE:RE:RE:RE:You will get RECO shares and still be part of the journey

Correct, it's straight from the info they released today.

122

Discussion

Comment by DreaminJimon Apr 19, 2021 10:15am

RE:RE:RE:RE:RE:You will get RECO shares and still be part of the journey

If I understand correctly, buying shares in ROE at the .35 level or thereabouts gives you an automatic 30% gain roughly, with RECO nearing the $10 mark. That means ROE shares technically are worth ...more

124

Discussion

Post by sylvain_007on Apr 19, 2021 10:14am

If the offer is around 0,28 how to explain the actual price?

Someone can tell me the share price is 0,37 cents.

133

Discussion

Comment by wmstockon Apr 19, 2021 10:10am

RE:RE:RE:RE:You will get RECO shares and still be part of the journey

I am hoping a swap rate a bit better tbh. Not selling my roe shares, not sure why anyone would sell now, it makes no sense.

133

Discussion

Comment by Ebenizer3on Apr 19, 2021 10:10am

RE:RE:TIMBERRRRRRRRRRRRRRRRRRRRRRRR! ROE go to at 0.16¢ very fast

before the botswana option roe was around 0.03 or .04, steinke and telfer literally threw shareholders a life raft by way of option. Without it roe basically worthless, no chance of ever producing ...more

114

Discussion

Post by nomoneyon Apr 19, 2021 10:01am

Being played..

Just like Reco was being played on Thursday, this is being held down today. Reco at $9.88 equates to .454/Roe share. No way this many people are this bad at math!!

136

Comment by FastIrocon Apr 19, 2021 10:01am

RE:RE:TIMBERRRRRRRRRRRRRRRRRRRRRRRR! ROE go to at 0.16¢ very fast

Does it continue to trade on value right now ? or %

110

Discussion

Comment by petesfreak15on Apr 19, 2021 10:00am

RE:RE:RE:You will get RECO shares and still be part of the journey

Ya, not sure why anyone would sell. You lose almost .11cents a share right now. The total # of shares is what Reco is buying, not the value of those shares. Hopefully management ...more

Discussion

Comment by wmstockon Apr 19, 2021 9:59am

RE:RE:TIMBERRRRRRRRRRRRRRRRRRRRRRRR! ROE go to at 0.16¢ very fast

BINGO! It doesn't matter if roe goes down, we are tied to RECO so "at Pursuant to the LOI, ReconAfrica will issue to each holder of a Renaissance Share 0.046 of a common share of ...more

Discussion

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RE:RE:RE:RE:RE:TIMBERRRRRRRRRRRRRRRRRRRRRRRR! ROE go to at 0.16¢ very fast

To simplify....

Freegold Intersects 3.62 g/t Au over 42m and 1.23 g/t Au over 170.7m

People need to learn basic math

RE:RE:RE:RE:TIMBERRRRRRRRRRRRRRRRRRRRRRRR! ROE go to at 0.16¢ very fast

RE:If the offer is around 0,28 how to explain the actual price?

RE:RE:RE:TIMBERRRRRRRRRRRRRRRRRRRRRRRR! ROE go to at 0.16¢ very fast

RE:RE:RE:RE:RE:RE:You will get RECO shares and still be part of the journey

RE:RE:RE:RE:RE:You will get RECO shares and still be part of the journey

If the offer is around 0,28 how to explain the actual price?

RE:RE:RE:RE:You will get RECO shares and still be part of the journey

RE:RE:TIMBERRRRRRRRRRRRRRRRRRRRRRRR! ROE go to at 0.16¢ very fast

Being played..

RE:RE:TIMBERRRRRRRRRRRRRRRRRRRRRRRR! ROE go to at 0.16¢ very fast

RE:RE:RE:You will get RECO shares and still be part of the journey

RE:RE:TIMBERRRRRRRRRRRRRRRRRRRRRRRR! ROE go to at 0.16¢ very fast

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