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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 fisherman8on Jun 24, 2015 1:53pm
140 Views
Post# 23864323

RE:RE:RE:RE:What A Battle

RE:RE:RE:RE:What A Battle
MetalsKing wrote: this is the time to buy "distressed assets" or even a company with lots of debt perhaps. I do not knw if there are any companies like this in the areas where RMP operates, but an increase in debt and/or an issuance of stock to do a deal is often initially met with stock weakness, even though it could be very beneficial to the medium to long term outlook, pure spec on my part


I was wondering why management was not buying stock at these prices. A take over of a distressed company by RMP would prevent  RMP management from buying RMP stock.  This is an interesting thought.
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