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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

Renaissance Oil Corp. > .35 is next barrier...but not for long.
View:
Post by Budakai on Nov 07, 2017 2:51pm

.35 is next barrier...but not for long.

Remember this sat at .165 for a while, which means traders will cash out right now.

There's no long term worry though. Drilling will begin later this month...Preliminary results will be lined up with Q4 announcements early next year. 

You'll probably see a big bump from early loss sellers looking for gains at the beginning of the year in December.

Congrats to all longs on this stock. It's been frustrating at times, but I'm confident in announcing that this stocks period of uncertainty is over. There's been too much insider buying to take this as anything other than a win.

My only regret is not taking my last free 10k and buying at .25. Oh well. Lesson learned. When the board starts buying, you get onboard.
Comment by Makenemds on Nov 07, 2017 3:06pm
traders already cashed out... Its HKDD time.  These guys know what they are doing...  
Comment by Budakai on Nov 07, 2017 3:36pm
Oh I'm not disagreeing with that, I just think there's a bunch of people looking to cash out. I fully agree they know what they're doing. I see $1.00+by February to be honest. I just think there'll be some resistance this week. This could have major legs if there are more announcements by the end of November. This is coming from someone who bought CGC at $3 and sold at 11...I ...more