Renaissance Oil Corp. RNSFF

Lot of Doom and Gloom here from IFR holders.

[Budakai]

The Mexican election and IFR results are what's making this go down. Those who wanted to play the cycle did well on this stock the past few months, but in reality nothing has changed. They're pumping oil, they have large blocks, and there is no evidence of ROE getting the contracts in a corrupt manner. They've had a PR blitz, they're partnered with Lukoil, and Haywood has been securing even more shares during this dip, which tells me that their full-time analyst knows it's value and the risk is worth the reward. I've lost a lot of "potential money" the past few years, but learned my lessons on cycle games with the unpredictability of when a stock goes skyward. Im going to hold until it's boom or bust. This has never been a quick and easy play. See their last companies stock cycle and you'll understand the flow of investing in a new area that's recently been privatized. 20 years ago an African oil contract was considered insanity. Now it's an acceptable risk. I'm just tired of all the bickering on share price from week to week, when you realize that they've consistently (if not slowly) delivered all setout goals from their prospectus.