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Bullboard - Stock Discussion Forum 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 Discussion

View:
Post by 2udad on Aug 08, 2017 9:14pm

19

starting to look like a lame duck.
Should have a nr soon.  From Q1 nr ..."The company has finalized initial development plans for the Amatitlan block with Petroleos Mexicanos (PEMEX) and will initiate the drilling program in the third quarter of 2017 for six wells..."
Comment by ferret_ca on Aug 09, 2017 12:49pm
management seems happy to let it drift until they have all the final "local" permits in place and know 100% when they can or will drill. some of the areas have some local opposition. I would not expect them to do any promotion until they know exactly when they will drill. at least we see no insiders selling , on the other hand I don't see any buying at these levels either, whiich ...more