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

Rubellite Energy Corp > Bids Building

<< Previous

Bullboard Posts

Next >>

Comment by Nextlegupon May 25, 2023 6:07pm

192 Views

Post# 35464750

RE:Bids Building

DCF...

There might be some bids building, but honestly, who wants to own shares in a
company with such poor liquidity you can't get out when you decide to sell?

The lack of professionalism displayed here on so many levels further compromises the trust of investors. (IR didn't return my calls)

The bids-ask spreads are atrocious, and whomever the market maker is trades this like some superficial 2-bit company..Often trying to high-close or trade it up on 100 shares midday to make the market for RBY stronger than it is...

Too many decent alternatives out there in O&G space to be mucking about with this company.

GLTA

<< Previous

Bullboard Posts

Next >>

Apolo IV Acquisition and Marviken Ontario sign merger agreement