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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 > Very Unfortunate
View:
Post by Nossy45 on Nov 02, 2016 1:31pm

Very Unfortunate

I haven't bought RMP before, but have been watching it since Summer time and here's my take.

Asset sales, will reduce value of equity but secured it's viability in the long run ... decent trade off for new investors coming in now. I feel bad for older investors, but frankly the CEO and mgmt owe you nothing and you should know better investing in Cnd juniors

Short term price target 50 to 60 cents, maybe as low as 40 cents a share.

Upside ... maybe $1.50 - 2.00 in a really good bull market (like a few years away)

I'm sorry to those who lost a lot of money.
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