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Bullboard - Stock Discussion Forum 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.

Bullboard (OTCQX:GXOCF)

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Comment by artyfooon Jan 21, 2020 11:34am

RE:Anyone knows what would happen if I don't sell

I am a long term investor in GXO with over 160K shares I will also vote against that deal because it only profits management.
102
Discussion
Comment by artyfooon Jan 21, 2020 11:29am

RE:RE:RE:Granite News!!!!!!!!!!!!!

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 ...more  
146
Discussion
Comment by Drifter243on Jan 21, 2020 2:36am

RE:RE:RE:RE:RE:RE:Anyone knows what would happen if I don't sell

Do they need 90% approval for it to go through? I sure hope so, I am voting no. They are giving the company away, it all smells like foul play. All the insiders and strategic entities have 25% of the ...more  
172
Discussion
Comment by MonsterInk2on Jan 21, 2020 1:59am

RE:RE:RE:RE:RE:Anyone knows what would happen if I don't sell

Thank you @RockLobster1   Appears I got screwed up big time Hopefully they don't get over 90% GOD BLESS RETAIL FOLKS!
90
Discussion
Comment by RockLobster1on Jan 21, 2020 12:10am

RE:RE:RE:RE:Anyone knows what would happen if I don't sell

If you don't tender and they get over 90% then they can proceed to force remaining shares to take the offer. Your only other choice is to dissent, but that is a very difficult process not ...more  
131
Discussion
Post by TimeBuilderon Jan 20, 2020 1:38pm

Our Buy In was

Dec 2015 = $ 6.88 CDN ...the only GOOD thing is !... they are all held in a Cash trading account & can be claimed as a TAX Loss for the current 2020 taxation year ... GLTALL holders, TimeBuilder
147
Post by TimeBuilderon Jan 20, 2020 1:30pm

Insider Filings Updated

FYI : note dates   ......Nice profit from Nov 2019 !!!!!! Latest 10 SEDI filings for GXO within the last 6 months View on INK Research Filings by Transaction Date Filings ...more  
180
Comment by MonstersInc2on Jan 20, 2020 1:22pm

RE:RE:RE:Anyone knows what would happen if I don't sell

Damn it! Thank you for letting me know @TheBridge
110
Discussion
Comment by TheBridgeon Jan 20, 2020 12:56pm

RE:RE:Anyone knows what would happen if I don't sell

You don't have a choice, they're selling all the shares including yours and mine.
106
Discussion
Post by MonstersInc2on Jan 20, 2020 11:59am

Anyone knows what would happen if I don't sell

I would lose more than half a million if I get excised at 0.95 Anyone knows what would happen if I don't sell? Any advice? Thanks in advance.
213
Discussion
Post by Toppicks1on Jan 20, 2020 9:57am

Its about time

Been holding this for a while. 95 seems alittle low but still very nice.
86
Comment by TheBridgeon Jan 20, 2020 9:17am

RE:RE:Granite News!!!!!!!!!!!!!

Now that finally explains why the management was buying up those shares. Stay away from any oil company that Kubanak might start up.
115
Discussion
Post by TimeBuilderon Jan 20, 2020 8:38am

Today's NR = COPY

For your viewing PLEASURE  >>>> Still a term holder/holding & will hang on to see what else developes.   :>)) Granite Oil Corp. Agrees to Sale to International ...more  
193
Comment by traderlong2on Jan 20, 2020 7:41am

RE:RE:RE:Granite News!!!!!!!!!!!!!

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 ...more  
154
Discussion
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