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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 > What is the best price to get in?
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Post by syedbaqar on Jul 13, 2016 12:10pm

What is the best price to get in?

RMP looks very cheap at his current price. any feedback will be appreciated.
Comment by flipher on Jul 13, 2016 9:44pm
This post has been removed in accordance with Community Policy
Comment by Jonesing on Jul 13, 2016 9:56pm
seems when oil is up so is the volume. It keeps the sp in check. When oil is down they let it control the sp and volume dries up. Always a good time to get in. You can never guess the bottom.
Comment by abccheck123 on Jul 14, 2016 1:22pm
Best price to get in is at $4. Just kidding. Obviously this stock is ridiculously cheap at this time. Good balance sheet, has some of the most prolific wells, amongst the very lowest in production cost per boe in the industry, buying land and building infrastructure on the cheap. This company is doing everything right. It doesn't help to have quacks like JackDee spewing nonsense. He thinks ...more  
Comment by Ellesse on Jul 14, 2016 1:59pm
It might take 3-4 years to see stock comes back $4.00 - $5.00 level once ol bounce back $75.00..... Just need to be patient...
Comment by JackDeeValentin on Jul 15, 2016 1:49pm
This post has been removed in accordance with Community Policy
Comment by Jonesing on Jul 15, 2016 2:19pm
Hey Jack do you think someone has/is pushing management for a buyout. Some of us obviously have been saying it's going to happen, mostly because we want it to, but is anyone interested right now?
Comment by JackDeeValentin on Jul 15, 2016 4:18pm
I think it's a tremendous opportunity for a new owner and same folks that were interested 6-12 months ago have the same opinion But have heard mgmt was speaking with advisors/brokers on how they might defend themselves and this was at much higher share price for RMP.TO -- keep in mind, this is not first hand, just what I've heard from Canadian brokers and a couple investors --  But ...more  
Comment by pennydredful on Jul 16, 2016 4:22pm
An   activists    dream  ?
Comment by Jonesing on Jul 16, 2016 6:54pm
Thanks again for the info Jack. I'm suprised that those interested haven't attempted a hostile takeover. If management and the board(not much difference between the two) aren't interested than aproach the share holders. If they put it on the table it would be interesting to see the outcome.
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