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Bullboard - Stock Discussion Forum 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 Discussion

Granite Oil Corp > Undervalued
View:
Post by traderlong2 on Apr 03, 2018 7:46am

Undervalued

Morningstar research data
Morningstar Rating 4 stars Q
Quantitative Value Undervalued
Fair ValueQ 4.40 CAD
Last price as of
Apr 02, 2018
2.56 CAD
Comment by regardless on Apr 03, 2018 1:39pm
I’m on the buy as off today ....bought 8500@2.63$ will buy all the way to 2.95$ with whatever loose powder I have available 
Comment by regardless on Apr 03, 2018 1:44pm
The question is what chance do thu have at a fair value sale? its no guarantee that they sell out  but they do remind me a lot of artek exploration and the sale to kelt it wasn’t great deals but was still decent enough
Comment by regardless on Apr 06, 2018 2:45pm
Looks like this is definitely for sale here  price of oil doesn’t really even affect share price on the downside too badly something is cooking I’d say
Comment by woodman3 on Apr 11, 2018 12:07pm
Oil's getting a nice run and this puppy's stuck in the mud? Hmmm?
Comment by Sjakkspill on Apr 11, 2018 8:22pm
Hmmm is right. Something is up and I’m wondering if they plan on stopping the dividend to preserve all cash in the preparation of a takeover or going private? We’ll see soon enough.
Comment by lemeilleur on Apr 17, 2018 2:57pm
they did the samething with Boulder energy.  They drive the price down to sale to private. That s why since most banks did put GXO under watch,   That company is run by crooks,.  They will sale to private enterprise  which by the way is located in the same building as g.x.o.   They do not need make phone call . they only need go a floor down to talk to them and ...more  
Comment by traderlong2 on Apr 17, 2018 10:11pm
May Divy confirmed They are pumping oil as the price of oil goes up I  don't care who they sell it to as long as it's 4.50 or better per share glta CALGARY, Alberta, April 13, 2018 (GLOBE NEWSWIRE) -- Granite Oil Corp. (“Granite”) (TSX:GXO); (OTCQX:GXOCF) will pay a dividend of 2.3 cents per common share in cash on May 15, 2018, to shareholders of record on April 30, 2018. This ...more  
Comment by mike49 on Apr 13, 2018 9:07pm
Price will be proportional to hedge. Half of gxo oil output is hedged at meh. thanx bankers Side note-anyone with the coin to seriously kick the tires has a vested interest in a lower sp Just sayin'
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