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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 > CIBC report
View:
Post by lexster63 on Aug 12, 2016 1:56pm

CIBC report

I just read report on RMP.  Rated neutral but no real concerns.  they are hold to buy.
Comment by brad753 on Aug 12, 2016 2:16pm
Well, that must be an old report. There are concerns, the main one being how much the sp will be when they sell, IF they sell. Also TD and 15 other analysts suggest buy. But they consider past charts and earnings etc. They consider facts, not speculation. But this is a highly speculative stock and the sp reflects that. 
Comment by Baird007 on Aug 12, 2016 2:33pm
In the analyst report they still think RMP is worth 2.70sp they only have 100m in dept they are worth 3.6m don't know why people are scared all they have to do is sell assets or get another loan somewhere
Comment by brad753 on Aug 12, 2016 2:40pm
Well, it's not fear that is driving the stock down. It is uncertainty, and that's different. You don't go "all in" on a whim. Unless you are not very smart.
Comment by BigFishy on Aug 12, 2016 3:41pm
they don't need another loan. They are cash flow positive. They have an awesome, large land base. As has been said here before, that would take a large amount of capital to exploit it. They don't have that, and don't want to take on a huge loan and dilute us and themselves. So they are open to all options to assist in exploiting that land. The buy side guys don't like companies ...more  
Comment by lexster63 on Aug 12, 2016 2:34pm
dated August 11 of this year.  But you have a point about the speculation bit.
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