Renaissance Oil Corp. RNSFF

Another PP on the way?

[djgt]

I'm just thinking out loud here... The conditions of this stock have not changed that I know of and while some will say this simply offers an outstanding buying opportunity I am quite satisfied with my position and don't want to add to it at this time. Is it possible that this is simply being positioned for another PP? If so, why would SAN need more money? How much money do we have right now and what is it going to be used for? What (aside from Hedge Funds and conspiracy theories) would be causing such a drastic downturn for a company that was a market leader just a short time ago? Like many, I am really puzzled here and am looking to stir conversation. Also, does anyone expect an explosive breakout like we've seen in the past or are we going to have to pick away at gains to return back to the $1.60 level seen just a short while ago? I have seen this stock go from +$0.75 down to -$0.35...what caused that? Are we seeing the same thing (same reason) going from +$1.60 to -$1.10? Cheers, djgt [e-mail]