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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 brad753on Aug 15, 2016 6:03pm
178 Views
Post# 25143891

RE:Q2

RE:Q2
righand2 wrote:
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.


Yeah I agree. I feel sorry for anyone averaging over $1.25. The only people who are still pumping it up are in this forum. I guess they feel that if they can convince a few people it will somehow magically work out. I only have 1200 shares at an average of $1.08 so I feel pretty confident I will get most my money back if not make a few bucks. So I can see this from an unbiased view point. I agree with you that there's not much left to lose. But a skyrocketing sp just isn't going to happen.

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