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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@rackerSam Belzberg's Gibralt Capital Corp sells 500,000 Renaissance Oil $ROE at $0.212, according to SEDI:ROE, and holds a balance of 6,304,000 shares in the Mexico focused oil explorer. Belzberg, 88, is a member of the Order of Canada.
@marius_kloppers@highheat disagree global producers have cut capex by more than 55% of the past 2.5 years. The market is forward looking and sees that the under-investment in productive assets is leading to an impeding supply shortage. Opec/nonopec deals are happening now due to severage miscalculation and very dire fiscal situations in their respective countries. There will be a multiplier effect on Crude pricing as these two dynamics play out over the next few quarters. Get long the levered/spec plays now. Wealth creation opportunity. $ROE
anonymous#oil - Which #oil JUNIOR is in best shape to make good money in case oil recovers in 2017. $WZR$ROE$MEI or any other ? I am looking for the companies that are producing OIL but were hit badly by low OIL prices. Less debt ( most juniors have debt), good production numbers, some cash in hand. Less chances of going RED.
@nlepanRenaissance Oil Corp. $ROE is up 15.5% (4.5 cents) to 33.5 cents on 3.89 million shares, making its the most active stock on the Venture Exchange. The company announced yesterday its acquisition of 25% of Lukoil's exploration and production contract for a 230-square-kilometre oil and gas block near Poza Rica, Veracruz, Mexico. #energy#venture
@tommy$ROE VP BD Kevin Smith up talking about his Mexico oil pureplay. Focusing on mature, neglected fields, and shale. At small 1650 barrels per day it's the largest independent producer in Mexico. Wow. Pemex planning additional onshore farmouts and designated hundreds of blocks for option in the next few years. "The deal flow is tremendous."
@marius_kloppers@tommy thanks for the $ROE update! hope all is going well in the big smoke. Glad to hear Keith is still following the Renaissance story. He is a very talented newsletter writer and analyst. Cheers- Dr. K