Renaissance Oil Corp. RNSFF

Total Depth First Well

[whereitsgoing]

First time posting for ROE.  It looks like there may be some interest starting based on yesterdays positive close.  Well reached final depth this past week and they should be evaluating the well information over next couple of weeks.  I got my fingers crossed that the first couple of wells will be good producers.  I picked up additional position this week in anticipation of results.

[farml1234]

Re:::Well reached final depth this past week and they should be evaluating the well information over next couple of weeks Bull manure , they knew by end of day logging what we have , how many feet of pay and porosity of the sandstone

[MajorityMob]

For all we know the entire Mexican oil and gas industry has been on vacation since Dec 14th.  As ferret said a few days ago... lots to speculate on... But don’t go posting a bunch of garbage pretending like you know we’re at TD when nothing has been released yet.  

[crude]

Tight hole - wait and see !!

[farml1234]

Re:::Tight hole - wait and see !! Tight hole would mean a dry hole ! Who could we be trying to keep results from !!!!! No i say we get update early this week

[MajorityMob]

My guess is that they want the results announced in Q1 2018 as opposed to Q4 2017 to benchmark what ever news they are about to announce. Could be linked to conpensation, bonus, year over year stock returns, to avoid tax loss selling, to encourage a huge run up in shares in Q1 etc... This is very common practice in the US, especially when annual operating plans for the year are already met