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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."


TSX:RMP - Post by User

Bullboard Posts
Comment by larsen6on Apr 25, 2012 11:04am
172 Views
Post# 19833706

RE: CIBC World Markets

RE: CIBC World Markets

I have bought more today in $1.70's again too.  Still nervous that I do not see insiders buying in here ... but at least they are not selling?

My math shows the risked NPV of just their oil lands ist about $2.40, so this is a great price.

We know that for a few weeks, all the E&Ps were having problems selling their oil at substantially lower prices than WTI.  But I wonder if RMP have gotten themselves into trouble somehow with their gas production...

 

Larsen6 

Bullboard Posts