Rubellite Energy Inc T.RBY

Alternate Symbol(s): RUBLF | T.RBY.WT

Rubellite Energy Inc. is a Canadian energy company. The Company is engaged in the exploration, development and production of heavy crude oil from the Clearwater formation in Eastern Alberta, utilizing multi-lateral drilling technology. It is developing its pure Play Clearwater asset base in Eastern Alberta utilizing multi-lateral drilling technology. It has over 140 net sections of land prospective for Clearwater heavy oil exploration and development. Its operations include Ukalta, Figure Lake and Marten Hills. The Ukalta is located approximately 55 miles northeast of Edmonton. It has a 100% working interest at Figure Lake. It has accumulated close to 85 sections of land prospective for the Clearwater play in the Figure Lake area. It is actively developing its three sections of land at Marten Hills.

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Rubellite Energy Inc > Sue has got Egg on her face here..

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Comment by Nextlegupon Dec 08, 2022 4:25pm

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Post# 35160245

RE:RE:RE:RE:Sue has got Egg on her face here..

Go Jerez

keep waving the Pom poms..

I've already lost $35k on this company...Only reason I am still in it is that Sue has plenty of skin in the game... if that matters when you're as well off as she is.

This company has played it
conservative and had some hedges in place and lost a fair amount of potential...I get that..and have no problem with it..(this is one of those unfortunate "facts"you mentioned)
My complaint was that the company is not returning my calls...(fact) As an investor, you think that's pretty solid management and acceptable?

Sure they have a decent acerage package..sure there is potential there, but it is dropping for a reason....poor communication.

What the scoop?...If you want to play defense attorney...Why aren't you buying keep the price above issue price?

cheers