RMP ENERGY INC T.RMP

Activist Investor Added

[BigFishy]

https://boereport.com/2017/01/04/rmp-energy-announces-new-addition-to-board-of-directors/ owns 7.5% of the O/S added to the board. Nice to see, may shake things up.

[Seppelt]

That's what I thought but I checked his background. He is a young fellow and a young partner running a hedge fund, like us speculating on a name like RMP. Hope they know what they are doing.  Wonder if he will get 30,000 options for the privilege.

[MustangMatt]

Have not been here for a while 2 years, bought back in at .73 before Christmas.  I am a bit surprized this one is not moving up, with this insider on the board (an activist?)  That combined with the activity in the area Kelt just sold land a stones throw from from RMP land at gold creek 76,000 per flowing barrel and $6100 an acre.  Thirdly, the January effect on a tax loss sold

[Seppelt]

Just checked insider trading, Josh was awarded 60,000 options.  Many companies have been issuing activity summary and 2017 budget. We should hear something from RMP soon, otherwise let's call Josh, ask what's going on.

[mike49]

I think one needs to ask,how did he get here? Was he asked,or courted? Not much of an activist if the board simply expanded (7 now).more guys getting paid to bang the table and harumph about agent orange and the arabs being the cause of share price destruction. More likely to me is rmp looking to tap his hedge fund for capital if gold creek is successful ,probably cel notes that the Americans are

[Seppelt]

Good questions, mike49, and a good guess. Obviously he is not hostile, just joining the club. Otherwise, wouldn't accept 60,000 options and would probably request to replace at least two directors with his own men.