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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 Budakaion Feb 09, 2018 5:56pm
93 Views
Post# 27536791

Never Considered the Cartels...

Never Considered the Cartels...
You're right six...there's no way the government pulls back on the wells...the settlement alone in the WTO would make the stock spike. This is happening, and it would destroy all market faith in Mexico. I never considered pressure from the cartels, however. I do have a friend who works private security in Mexico, and he mentioned that cartel pressure in the silver market was strong. I also did read that article regarding their "diversification". They can't sit on the news forever, though. The liquid capital won't matter if the stock keeps dropping. I'm still in, its just frustrating. I am still long...
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