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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 traderlong2on Dec 08, 2018 5:43pm
103 Views
Post# 29087733

RE:Insider Data = Updated

RE:Insider Data = Updated
Been following that as well
Very disappointed management is not buying
it would have been a strong sign we are undervalued
upside they have not sold any
they hold 25% of the float or 8,000 million shares apx
the cut this year from .035 divy cost the insiders 3,360,000 in cash per year
I believe the divy will be back ,saving 13 million and change a year on the divy they
now will have ample cash soon and will shed some of that 47 million debt
the wcs is back above the year average and would think they will uncork that extra 200 barrels and get it
back online
come on insiders buy some more shares and show us we should be holding our shares like you
glta
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