RMP ENERGY INC T.RMP

CIBC Duvernay Report.

[Box927]

I saw on BNN today that CIBC has released a report on the Duvernay.

It was a Bullish report and they say that RMP has good exposure.

I am not with CIBC. Does anyone have access to this report?
Thanks and GLTA.

[Manthebull]

I am long RMP, I was talking to one of my friends who is a portfolio manager...he said that RMP's natural resources are decreasing so investors are gettign out as RMP has to buy new patches. Any opinion from other investors?

[bplondon]

My opinion is your friend who is the portfolio manager needs to do more homework on RMP. 1) RMP management is very conservative. 2) Their estimates on reserves on Ante Creek and Waskahigan are very conservative in relationship to both wells drilled vs. further sites to drill in those areas as well as production from those wells, particularly at Ante Creek on the latter.  3) EOR techniques at

[Manthebull]

Thanks for your insight! It helps alot and also thnks for the effort you put in to expalin your opinion. Cheers! This stock may soon triple :)

[robt1234]

Most importantly management is going to do an update soon, If the Altacorp analyst who talked to them ten days or so ago is right - maybe tomorrow or the next day. Then the conservative projections on price and volumes will show $30,000,000 minimum free cash flow this quarter. Meaning almost 1.75X cash flow equals current market value... Your analysis and JDV's are excellent, many others are

[minerman77]

that is the problem I hear as well that is largely responsible for the stocks demise--f$%#ckin Nuttal talked about it

[UppersDowners]

I talked to management about Nuttal and they laughed and said Nuttal toots his own horn and everything he said was not true. Who do you believe? Management or Nuttal? 

[minerman77]

The only thing you can believe right now is the share price  in the moment .and what it's saying