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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

Post by Nextlegupon Mar 27, 2023 9:47am
426 Views
Post# 35362081

Rubellite is a waste of time and money...

Rubellite is a waste of time and money...I'm looking for bids to sell more...and pretty much given up.

Pathetic 1 lot bids being put in to give the illusion of support when looking at the bid ask spread....

Current price no where near the deal price for the current flow through deal they are trying to close (supposedly tomorrow)....

Hopefully, they limp over the finish line for the sake of current shareholders...Perhaps insiders will have to take down more than $8 million of the deal to save face and close this up...

I still have more to sell...would be nice to see a bit of a bounce before I blow off the rest of the shares and move on, rather than sit on this dog for 6 months and realize what I already suspect...
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