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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 by User

Post by MajorityMobon Nov 23, 2017 3:54pm
142 Views
Post# 27021597

What sixthsense is talking about:

What sixthsense is talking about:https://www.bloomberg.com/news/articles/2017-10-04/private-oil-made-a-big-find-in-mexico-now-state-oil-wants-a-cut

T
his is why we invest deep and early.  We’re all here to make money on the spec.  Roe shareholders know all too well about royalties paid to the Mexican govt.  But the fact remains that Mexico has mismanaged its oil for the past 70 years and needs foreign investment and technology if its going to keep from imploding.  Either way, I take comfort in the management of our little company and the quality of its plan.  Mexico or not.  
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