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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. > Clearly people here have no idea about the significance of
View:
Post by Dave4444 on Jun 16, 2020 11:16am

Clearly people here have no idea about the significance of

this news.  Oh well, all the more cheap shares for me, I took out all the 5 cent shares I could get and will likely continue buying in the future.  Mexico's government was a dead end and I sold my ROE shares a couple of years ago.  But this news has me buying back in, as I already have been making good money on the shares of RECO, the sister company in Africa.
Comment by sdjinvest on Jun 16, 2020 11:30am
Agreed, it is significant and adds a lot to their reserves if it all pans out. I think I'm a little jaded from waiting around and jumping through hoops for a few years here. If things move much quicker in Botswana I'd be pretty happy.
Comment by Dave4444 on Jun 16, 2020 12:44pm
Drilling by RECO starts soon, and that will drive the ROE share price as, if RECO shows an active oil and gas basin, ROE shares will also benefit and move much higher.
Comment by Dave4444 on Jul 07, 2020 5:09pm
On June 16th I posted" "Clearly people here have no idea about the significance of this news.  Oh well, all the more cheap shares for me, I took out all the 5 cent shares I could get and will likely continue buying in the future.  Mexico's government was a dead end and I sold my ROE shares a couple of years ago.  But this news has me buying back in, as I already ...more  
Comment by investor55x on Jul 08, 2020 4:46am
You were absolutely right, Dave, market hasn't realized the significance of this excellent deal regarding Botswana. But slowly market is beginning in realizing now ;-)
Comment by Oilpro2001 on Jul 08, 2020 2:28pm
Botswana is nothing but a lame distraction from their disasterous foray into Mexico.  They should clean up one mess before they embark on yet another.
Comment by crude on Jul 08, 2020 6:30pm
OILPRO  - have you tried investing in US commercial real estate