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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

Comment by ferret_caon Jun 08, 2018 1:00pm
115 Views
Post# 28146700

RE:Picked up some warrants with expiry Oct 2020

RE:Picked up some warrants with expiry Oct 2020
looks like you are getting hosed by td on your trading, warrants trade like stocks. using a discount broker (any one td bmo etrade etc) you can buy as many as you want at one time anywhere from about $5-10  a trade.   it also looks like you have no idea which warrants you bought. the .50 roe.wt expire in july 2019, and are trading around .025-.03    the .20 roe.wt.a warrants expire in oct 2020 and are trading around .10.  these wts have not traded much at all in the past few days and it looks like maybe you bought 6000 of the roe.wt.a at .095  today.

another thing on the amatitlan wells "PLACED INTO PRODUCTION"  I don't think that production can actually count for roe until their contract migrates from a srvice to a production and exploration contract, hopefully this happens much sooner than later. It is great that they are being place into production but the main catalysts for roe are that contract migration and the upper jurrasic well and to a lesser extent drilling in the chiapas blocks.

cheers ferret
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