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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 Elstaunchoon Sep 28, 2023 9:04am
255 Views
Post# 35658883

RE:Everyone still sipping the Cool Aid at Rubellite?

RE:Everyone still sipping the Cool Aid at Rubellite?

There is a pecking order when it comes to oil companies. Small caps get rewarded last, however many times have much higher returns. Just because someone likes the company does not mean they are pumping it. 

Globe and mail has this as top ten most undervalued, 
not a great stock  for people who need instant gratification! 

good stock for people willing to wait it out and buy when it's low. 

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