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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. > Shafted -- BUT
View:
Post by cyrustg on Apr 19, 2021 5:59am

Shafted -- BUT

Should have been more for sure. It is none binding so hope for a bidding war for our 1 million acres in Botswana. This could be the back door into the system for one of the majors. The fact that Reco is so fast of the mark sure indicates to me that there is LOTS OF OIL to be had and Botswana is the deepest part of the system.

Shouldn't be a stretch that one of the big guns could throw $355 million at us and buy our shares for $1.00.

The trading day should be interesting as Reco on Frankfurt is up 33% on (for them ) very heavy trading.
JMHO

Good luck to all !!

Ciao
Comment by farml1234 on Apr 19, 2021 6:19am
Hard to believe our big holder approved this crock of Bull Manure , he must have been out voted by the BOARD