Granite Oil Corp GXOCF

Energy

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

Granite Oil Corp > Should Be Higher

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Comment by rabblrouzron Jun 12, 2018 6:24pm

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Post# 28162414

RE:Should Be Higher

$4.95 at the least! Book Value alone is currently $5.85 with good Fundamentals and low Debt.
Still the impediments, create negative ROA, ROE, and overall Earnings growth. Until that is rectified we will continue to stumble... same with SGY

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Drilling company poised to capitalize on market conditions