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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

Post by righand2on Aug 15, 2016 5:54pm
221 Views
Post# 25143859

Q2

Q2
Pretty miserable results. Hard to imagine how this was pumped so hard on IV as the best company in Alberta's energy patch. Of course, all of those pumpers are long gone.

But, if we get a little more strength in the oil price, and natural gas doesn't collapse as demand slacks off, RMP should survive, and is definitely worth more than a buck. No one will get rich on this stock, but you shouldn't lose any more money on it.
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