Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Granite Oil Corp GXOCF

Granite Oil Corp is a Canada-based oil producer based in Calgary, Alberta with lands and operations located in southern Alberta. The company is engaged in the exploration for and exploitation, development, and production of oil and natural gas. Its Alberta Bakken Properties are located in southern Alberta at the south of Lethbridge.


OTCQX:GXOCF - Post by User

Comment by TheHammyburgleron Jul 21, 2016 1:21am
221 Views
Post# 25071117

RE:RE:RE:Hard to invest in GXO

RE:RE:RE:Hard to invest in GXOHey Dab,
First I want to say thanks for being a good person and not a troll.  That is hard to find nowadays!

So in regards to my last posts, I am forwarding information from someone I know.  As I understood the Deethree staff were being split up and not working for both companies.  As for the board, I assumed their salaries would have been split between the companies as well since they are board members for two smaller companies.  Do you know if this is true?  I am unsure on how to look it up.

Lastly, it is my understanding that the lenders of BXO had made some very aggresive moves that would spell likely doom for the company as a whole.  Tightening of credit by tens of millions and jacking interest rates to credit card levels.  This would make the sellout the best possible option (next to the bank taking action).  Again, this is all through someone I know and trust but I am not experienced and have no way of looking this up for myself. 

I do not think the board of GXO/BXO are grinches out there to sell off companies(that they have huge money in) at bottom dollar.  If the bard is double dippiing their salaries, it is peanuts compared to their losses from company stock. 

I sincerely look forward to any responses and GL!
<< Previous
Bullboard Posts
Next >>