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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 > @1.59
View:
Post by Ellesse on Aug 14, 2015 10:30am

@1.59

No way to know where is the bottom now...... $1.50 ? $1.25 ?  No doubt that we will see the take over will happen soon... if the sp goes below $1.50..... So sad..........
Comment by devoit on Aug 14, 2015 11:51am
Hang in there. The drop in share price has nothing to do with the fundamentals of this company and everything to do with the price of oil and the prospects of it potentially dropping into the mid-low 30s. The company's financials indicate they are able to weather the storm for the next few years at least. Given the Saudis need oil at roughly $100 a barrel for their economy to run and their ...more  
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