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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

Comment by mike49on Mar 27, 2016 5:18pm
225 Views
Post# 24703341

RE:RE:Value

RE:RE:Valuei agree that gold creek is the short term catalyst here and no need to release results unless POO ends up in the crapper again or rmp is hoping for an exercise on the 2mil 2 dollar warrants still out there.
i have my own thoughts on value here-based on speed and apparent ease with which the pp was done and the number of houses involved i assume that most shares went to existing holders.averaging down or an original stake could have been done on the open market so what is the reasoning unless to protect or create value?
dilution here doesn't bother me at all when the lions share of the coin raised went to debt and cleans up the books a little.
june it is.cheers 
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