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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. > Pemex downgraded to junk from Moody’s
View:
Comment by Luckboxx on Apr 17, 2020 9:56pm
....And Mexico itself to "near junk".  The Moody's report specifically cites moving away from 2014 energy reforms as a trigger for the Pemex downgrade.  AMLO got problems now. https://www.zerohedge.com/economics/mexico-downgraded-baa1-moodys-negative-outlook-means-junking-imminent
Comment by crude on Apr 18, 2020 7:52am
ALMO is using trumps playbook - if you can't fix it - skrew it up so bad that no one else can fix it either !! Willing to wait awhile  longer on this one!
Comment by crude on Apr 18, 2020 8:22am
https://finance.yahoo.com/news/mexico-pemex-too-much-fuel-202402291.html
Comment by crude on Apr 24, 2020 9:20pm
https://www.bloomberg.com/news/articles/2020-04-23/pemex-s-trading-arm-declares-force-majeure-on-gasoline-imports
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