Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 hydrocarbsson Jan 23, 2019 12:12pm
114 Views
Post# 29270845

RE:RE: YOUR LATEST POSTING

RE:RE: YOUR LATEST POSTINGGood question, should the political climate be a concern? From the Texasmonthly shortly after the election: What are the major issues at play in Mexican politics? {The most pressing two concerns in Mexican politics right now are corruption and violence. In 2017, Mexico experienced more homicides than any time in the last two decades. Femicides and sexual assault have become a particularly nasty issue in Mexico, where urban governments have had to institute special public buses for women. AMLOs policies for dealing with violence are vague, and he has drawn criticism for once suggesting amnesty for Mexican gang members. AMLOs message approaches violence through anti-corruption. Lpez Obrador is adamant about cleaning out corruption, and for good reason; Mexican government officials (at all levels) have been known to actively participate in violence, narcotics trafficking, and fear-mongering around the country.} It would appear that the entire country is a cesspool. There are only two forces capable of changing the actions of a society that is this far gone in moral standards: External and or Internal. Internal involves a change of heart. Something that is not accomplished by a government. That leaves ALMO with only the external, the rule of law, the absolute rule of law. The rule of law that makes the price of societal decay and corruption worse than the acts involved in those practices...which is capital punishment, severe prison sentences in abhorred conditions. Which is exerting fear via government policies greater than the reward for aberrant societal behavior. Note that ALMO had great rhetoric re: foreigners oil contracts and looking for corruption...plays well in the press, builds his popularity. The issue with corruption is NOT in a few businesses that have just started to do business in Mexico, but in the system organized by the very government he campaigned to be the Head of. In order to accomplish the increase in production he has set as a goal, Mexico will need every producer on deck. And his state of the Pemex union speech said as much. Consider that ALMO will use his bully pulpit as such, rant and rail against the foreign oil companies, then in private desperately rely on their expertise to accomplish what he needs.
<< Previous
Bullboard Posts
Next >>