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Bullboard - Stock Discussion Forum 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 Discussion

RMP ENERGY INC > The other side of the story...
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Post by JethroBodine123 on Jun 19, 2015 10:34am

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
Comment by UppersDowners on Jun 19, 2015 10:54am
A great stock at some time and we are holding in there today so far but will be happy at the closing bell. We seem to fall off at the end of the day. Funny that Morning Star says we are weak with our financial health when we are one of the best companies out there with debt to cash flow. Cross your fingers.
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