Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > Oversold.
View:
Post by counterintuitive247 on Nov 02, 2016 4:56pm

Oversold.

Yes the Strategic Alternatives never brought on much more value then clearing the debt.  The company is not broken. It's not going under . Just turning a corner .  If your in the Alberta oil and gas industry you know what Gold creek is and how the montney is Shaping up. The wells are boomers.  

i wont be doubling down down as I am already invested enough in the story but if your getting in now, it will be a good return post Q1 2017 Gold creek results. I'm guessing a recovery to $0.90 - $1.10 after that.
Comment by ditchdigger251 on Nov 03, 2016 12:11am
Thank you Counterintuitive247.  Commondity pricing is what's hurting the sp right now more than anything.  Once RMP's spuds their next well and prices strengthen at the end of the month (yes I believe OPEC has little choice but to reach agreement between themselves and Russia) the price may eclipse your estimate sooner I believe. Gold Creek has infrastructure to get ...more  
Comment by Seppelt on Nov 03, 2016 12:04pm
Could it be that one of the reasons Gold Creek is little known outside of Alberta, it that one of the most active players in the area, CIOC is a private company? I am not sure if the general public has access to their production and financial data and there is no share price to see how it's viewed by the market. Another player, NVA, has recently raised  about $100 million and some of it ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities