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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.


TSX:RBY - Post by User

Comment by Nextlegupon Apr 13, 2023 1:37pm
245 Views
Post# 35393434

RE:RE:Rubellite is a waste of time and money...

RE:RE:Rubellite is a waste of time and money...Hey Parcheg

To each there own....

When the company showed no interet in taking my calls or returning messages to talk to investor relations...I figiured that was enough for me.

I never hope anyone loses money...and actually hope investors here do well. I just figured I'd lost enough and thus my view of the company went sideways.

The fact that insiders had to take a bigger chucnk of the recent deal as opposed to the original $8 million originally allocated to them suggests others in the market have the same view as myself.

Cheers
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