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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."

TSX:RMP - Post Discussion

RMP ENERGY INC > Value
View:
Post by Strega07 on Mar 21, 2016 1:18am

Value

Can anyone please tell me why we are trading at the same price with $40 dollar oil as we were with sub $30 oil?
Thanks in advance.
Comment by powerman on Mar 21, 2016 1:43pm
Strega07 Close to 60% Natural Gas. Compare the NG Prices and you may have your answer. DF
Comment by Strega07 on Mar 21, 2016 3:25pm
Thanks Powerman, I realize we are heavy on NG but I had just expecteted a bit more of an upswing. With all the insider buying I was guessing we would some more confidence. Hopefully the longterm will make this wait worthwhile. Cheers Ty
Comment by bplondon on Mar 21, 2016 3:30pm
It's all about the bought deal. The dilution doesn't help the stock. Until those 21-22 million shares are absorbed in the next few days the stock will probably not be moving much.  Then it may move up or down depending on POO or sentiment. Market will be in a "show me" phase on this one for a while and until RMP shows something (either improved reserves through EOR at Ante ...more  
Comment by mike49 on Mar 27, 2016 5:18pm
i 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 ...more  
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