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Bullboard - Stock Discussion Forum RMP ENERGY INC T.RMP

"Iron Bridge Resources Inc, formerly RMP Energy Inc is a crude oil and natural gas company engaged in the exploration for, development and production of natural gas, crude oil and natural gas liquids in Western Canada."

Bullboard (TSX:RMP)

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Comment by DoubleGGon Feb 21, 2017 3:03pm

RE:Added More Today

I saw you on the BBI board thought this might have been what you were talking about. I have both so we shall see where they go. I'm in at a reasonable price here (still not even) so within ...more  
Post by profittaker1on Feb 21, 2017 12:54pm

Added More Today

Sold the last of my BBI warrants and bought more RMP. This is trading at a 75% discount to BBI after all. The recent Paramount wells were impressive: https://finance.yahoo.com/news/paramount-resources ...more  
Comment by pablo87on Feb 19, 2017 9:23pm

RE:RE:RE:RE:RE:RE:RE:RE:Asks are being slowly taken out

I'm in better shape than most having bought in after the Ante Creek firesale.  I'm still buying but I'll start looking at the players with the condensate story (if anything, should be ...more  
Comment by Seppelton Feb 18, 2017 5:44pm

RE:RE:RE:RE:RE:RE:RE:Asks are being slowly taken out

We knew what you ment to say, Pablo... They'd be better off selling this stuff for $5 million than giving away Ante Creek. At first, it appeared an OK deal, it eliminated all debt. But the ...more  
Comment by pablo87on Feb 18, 2017 12:46pm

RE:RE:RE:RE:RE:RE:Asks are being slowly taken out

I was just making a point on opportunity cost... in any event they're probably gun shy after the fleecing they took on Ante Creek (Enerplus plan to implement water injectors at Ante Creek to ...more  
Comment by Resilienceon Feb 18, 2017 5:30am

RE:RE:RE:RE:RE:Asks are being slowly taken out

Don't be nuts - there's ~ 10 mln 2P reserves involved and about 12% is liquids + it has facilities on it so everything is half cycle. Even at $ 2 per barrel that would be $ 20 mln with the ...more  
Comment by pablo87on Feb 17, 2017 8:17pm

RE:RE:RE:RE:Asks are being slowly taken out

A good point, thanks for clarifying.   Even though its not a good time to sell, it seems the opportunity cost bar is very low because Gold Creek's potential is so high. For example, if they ...more  
Comment by Seppelton Feb 17, 2017 4:57pm

RE:RE:RE:Asks are being slowly taken out

pablo... They could have sold Kaybob and Pine Creek a few months ago when AECO was $3+ and gas producers were adding rigs betting on a cold winter. Corporate production would go down to a shameful 2 ...more  
Comment by pablo87on Feb 17, 2017 12:10pm

RE:RE:Asks are being slowly taken out

They still have some non core production they could sell.  I was going to say Duvernay lands but apparently they threw that into the Ante Creek deal as it was gone from the Nov. presentation ...more  
Post by gharibmon Feb 17, 2017 12:08pm

Stronger Hands

I am pleased that the funds are buying RMP, I have a few shares in a mutual fund "mid125" and was pleasantly surprised to find that RMP represents more than 7% of that fund. That is a very ...more  
Comment by pablo87on Feb 17, 2017 11:56am

RE:RE:RE:Corporation presentation?? Time for an update

Seppelt, turns out you are right. I reviewed the November presentation and found it to be misleading.  So there is a need for a new presentation. It'll be interesting if they come clean on ...more  
Comment by Zoltar4kingriteon Feb 17, 2017 11:26am

RE:Asks are being slowly taken out

Trading above 100 moving avg now...all aboard!!
Comment by Seppelton Feb 17, 2017 10:58am

RE:Asks are being slowly taken out

Trading just begun but so far it's not as vigorous, as Jan 27 rally.   Has anybody noticed the recent report by Paramount and a swift market reaction? It tells what a dozen of $10 ...more  
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