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Bullboard - Stock Discussion Forum 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... see more

TSX:RBY - Post Discussion

Rubellite Energy Inc > Rubellite is a waste of time and money...
View:
Post by Nextlegup on Mar 27, 2023 9:47am

Rubellite is a waste of time and money...

I'm looking for bids to sell more...and pretty much given up.

Pathetic 1 lot bids being put in to give the illusion of support when looking at the bid ask spread....

Current price no where near the deal price for the current flow through deal they are trying to close (supposedly tomorrow)....

Hopefully, they limp over the finish line for the sake of current shareholders...Perhaps insiders will have to take down more than $8 million of the deal to save face and close this up...

I still have more to sell...would be nice to see a bit of a bounce before I blow off the rest of the shares and move on, rather than sit on this dog for 6 months and realize what I already suspect...
Comment by Elstauncho on Mar 27, 2023 1:59pm
Stocks are all perception. this one is more than likely highly undervalued. Good for people with lots of money and patience. 
Comment by parcheg on Apr 01, 2023 1:47pm
Nex: have a bit of brie with your whine. TipRanks puts RBY as > 45% upside...
Comment by Nextlegup on Apr 13, 2023 1:37pm
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 ...more  
Comment by Nextlegup on May 23, 2023 10:07am
Parcheg... When do you anticipate all the fireworks from RBY?  Down a buck since the Flow Through financing... I anticipate "most" Oil & Gas companies should be looking good by the end of summer...Just greatful that I got out of this "illiquid turd" when I had the chance to diversify into a few companies that actually seem to know how to treat investors rather than ...more  
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