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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

Bullboard Posts
Comment by raggetyjackon May 25, 2011 11:58am
285 Views
Post# 18623159

RE: RE: Good price entry point today

RE: RE: Good price entry point todayNo weirdness in RMP as the market was looking for a white knight to come to the plate and take
them over. Now that it didn't happen some tree shaking is going on and it dipped to a hopefully
yearly low the past few days. It was a great accumulation point in 2.24 to 2.35 range for sure and
hopefully with oil production coming back on line any day now via trucking production will ramp up
smartly. With Q4 oil battery set up this is looking very good in 2H of 2011. Peyto is drilling ahead
and adding nice boost to liquids rich natural gas production. They only joint ventured the Wilrich
with Peyto and I'm expecting Peyto to come back to the plate and request access to the other
zones from Pine Creek since they have the infrastructure in place now to handle the extra
capacity from the other zones. This should come over next while and when it does it will
most likely put a catalyst under the stock. Waskahigan will plod ahead nicely this year and
expecting a well put down at Resthaven area mid summer for another catalyst to RMP stock
price.

GLA...
Bullboard Posts