Granite Oil Corp GXOCF

Granite News!!!!!!!!!!!!!

[JohnClarkson43]

Check it out 

https://cutt.ly/2rbAia3

[traderlong2]

WOW!!!! .95 cents a share

[traderlong2]

shorts just got hung ! and GXO still open to any higher offers than .95 glta

[traderlong2]

The Agreement permits Granite to respond to unsolicited acquisition proposals under certain circumstances which include where such acquisition proposal constitutes or could reasonably constitute or lead to a “superior proposal” (as defined in the Agreement).  IPC has the right to match any superior proposal.  Granite has agreed to pay a termination fee of $1.2 million in certain

[TheBridge]

Now that finally explains why the management was buying up those shares. Stay away from any oil company that Kubanak might start up.

[artyfoo]

Not a good deal for long term investors but a good one for management, GMT and short term investors. --------------- IPC has identified a number of drill-ready opportunities that it believes could add further near-term production of high netback, light oil barrels.   The Assets will be managed by IPC’s existing Canadian management team, with support from the operational teams currently