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Rubellite Energy Corp T.RBY

Alternate Symbol(s):  T.RBY.WT | RUBLF

Rubellite Energy Corp. is a Canada-based company. The Company’s wholly owned subsidiaries include Rubellite Energy Inc. (Rubellite), and Perpetual Energy Inc. (Perpetual). Rubellite is an energy company engaged in the exploration, development and production of heavy crude oil from the Clearwater and Mannville stack Formations in Eastern Alberta, utilizing multilateral drilling technology. Rubellite has a prolific, oil-focused asset base and is pursuing a robust growth plan. Rubellite operations include Ukalta, Figure Lake, Frog Lake, and Marten Hills. The Ukalta is located approximately 55 miles northeast of Edmonton. It has a 100% working interest at Figure Lake. Perpetual is an oil and natural gas exploration, production and marketing company. Perpetual owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta and undeveloped bitumen leases in Northern Alberta.


TSX:RBY - Post by User

Comment by Nextlegupon Dec 09, 2022 4:11pm
196 Views
Post# 35162665

RE:RE:RE:RE:RE:RE:RE:RE:Sue has got Egg on her face here..

RE:RE:RE:RE:RE:RE:RE:RE:Sue has got Egg on her face here.."Clearly don't understand the business"??

Seriously?

My post secondary majored in Finance..I was an investment advisor and traded Cdn Nat Gas futures as well...and I don't understand the business?

Interesting...

The basic premise of being able to pick up the phone and enquire about the company is fundamental to publically traded companies...The fact that no one returns investor phone calls seems to indicate they think of this more as a "private" entity than otherwise...

Your failure to acknowledge this basis premise give me the idea that you might be the one lacking some understanding here..

As I said..no question, there is opportunity here and Sue has certainly thrown enough into the pot that I am reassured of the focus of creating shareholder value...but the diminishing stock price, well in excess of it's peers at in the area is a pretty obvious sign of gaps...
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