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RNSGF: Effective Aug. 20,2020: Evrim Resources Corp. ("Evrim") on August 12, 2020, Renaissance and Evrim completed a plan of arrangement under Section 288 of the Business Corporations Act (British Columbia) pursuant to which Evrim acquired all of the outstanding common shares of Renaissance through a share exchange transaction (the "Arrangement"). Concurrently with the completion of the Arrangement, Evrim changed its name to "Orogen Royalties Inc." ("Orogen").
FINRA will delete the symbol:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
A Great Buy and Hold that is on the verge of producing as Gold Continues Higher ... I am In!!!
Best of Luck - Shermann
The birth of RNSGF...It's the 'Spin Co' mentioned in the article.
http://www.24hgold.com/english/news-company-gold-silver-fronteer-gold-to-acquire-auex-ventures.aspx?articleid=632504
This is one of those buy it and forget it stocks. My friend's mom did that with auex and did quite well for herself. Instant retirement. LOL
Lightning doesn't usually strike twice but the business model doesn't burn as much cash as so many others do.
DOW down 2,000 points this morning but RNSGF a hair under .21 LOL Gold @ 1670 so the sell off in RNSGF was probably the cash needed for another area and they dumped 100K worth and not company specific.
We ran into low .30's a few months back and pulled back under .20 and found a range around .25 and finally broke out this week to .30 again, but overall market fell 12% (coronavirus) and someone liquidated 322,000 (Th) around .22 for 70K and 222,000 between .2131 - .1562 for about 40K
Probably a shareholder who needed cash for market emergency as we hit a 52 week high of DOW 29568 just the other week and this Friday's low of 24681...A 4,887 point swing (-16.5%) in that short of time is NOT NORMAL!!!
RNSGF basically looked like it was about to make a new high and then got a 50% haircut this week not because of any company concern but just overall market panic. We will see where next week leads us but things have been looking better here even if it's been a bit slow.
Nice Corporate Profile on RNSGF: https://privateequitymarkets.us/renaissance-gold-inc-otcqbrnsgf
New position today on open.
2200 shares @.217
Gap up .26
What a omen:)
New 52 week high of .22
About time this thing woke up...
Billy Idol said it best...
'Dancing with myself oh oh oh ohhhooo'
6 months later...Gold at 1292 RNSGF under .18 hummm
I'm back in the saddle again!!!
Back in and adding again at half the PPS than before.
I start adding again. I expect the market to have difficulty overall and think lower prices on everything will happen. So start here under .40 and add more later on dips if possible.
Nice volume and uptick today.
I decided to take my 50% profit and move it back to the stock I sold to buy that one...Didn't really want to sell, but flipping back and forth while taking profits will grow my money slowly. You don't make or lose money until you sell, so I sold. Good luck...
I'm up 50% from my under .30 purchase.
My buddy told me about this stock years ago. His Mom had invested into something that got bought out for cash, shares and new the company shares...I think it was AuEx Ventures, Inc. bought out by Fronteer Gold. Which got bought out by NEM Newmont Mining Corp
"DENVER, April 6, 2011
Newmont Mining Corporation (NYSE: NEM) today announced that it has completed the previously announced acquisition of all of the outstanding common shares of Fronteer Gold Inc. for aggregate cash consideration of approximately Cdn $2.3 billion (with a net cash acquisition cost of Cdn $2.2 billion).
SOURCE Newmont Mining Corporation"
She did EXTREMELY WELL to say the least. I watched RNSGF for a while and I liked the leadership but usually don't buy when something is just starting out.
So far I'm liking my investment, the chart and what I've read. I'm looking forward to 2014 and seeing what 'value' I can get as a shareholder. My friend was buying 1.70 range so I think I got a good deal.
I really liked reading this from their website...
"Joint Venture Business Plan: The Company believes that its joint venture business model is the most effective strategy for non-revenue-generating junior explorers. Renaissance minimizes exploration risk by joint venturing its portfolio of high caliber exploration projects with solid partners. By following this plan, Renaissance accepts dilution in its exploration property positions rather than dilution for its shareholders. Maintaining a tight share structure ensures that success on any single project can create significant rewards for shareholders."
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