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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

Post by JethroBodine123on Jun 19, 2015 10:34am
165 Views
Post# 23848325

The other side of the story...

The other side of the story...We know that some funds have had to divest their holdings due to being taken off the composite.
However, we're seeing other funds buying all the shares they can get their hands on.

In the short term, we know revenues will be up substantially this up coming quarter since due to the increase in the price of oil and also natural gas.

in the long term, they're looking to build LNG plants on the coast of British Columbia, so the potential could be amazing.

Those who can afford to buy and hold at these levels could do exceptionally well. The risk/reward looks to be very attractive here.

J


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