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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

Comment by MustangMatton Jun 01, 2015 11:08pm
227 Views
Post# 23787276

RE:Today

RE:Today Only green on my screen for jr. oil and gas that I follow.  Strange stock, my view of the charts would say that we are at 50 day and 20 day moving average resistence.  Could pop at open a little to test the water, however, my gut tells me that it  closes under $3.15 tomorrow.  How about that for cyystal ball forcasts?  All that being said with an up coming Opec meeting news headlines can throw it all out the window.  Oil seems in a range between $65 and $54.  Could tred water here for another 2 months.  I think the real upside on RMP is yet to come.  The second half should see much stronger net backs and increased production.  Cash flow should be strong in Q3 and 4, cheers Matthew   
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