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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

Bullboard Posts
Post by chizledon Feb 11, 2012 6:14pm
395 Views
Post# 19521110

Lots of upside in this stock

Lots of upside in this stock

I have held this stock for a year. I didn't sell this stock because there is so much upside on  this stock. Even with out the latest release of their 600bopd Brazeau well. That wasn't even in the Warner area. Which Has the most potential. This is a great investment stock .

  D3 is  worth three times what they are currently trading at if you compare them to other companies with similar production . And 4 Times the market cap. Some of the other companies just have great promoters behind the stock. D3 is never mentioned in any big way . And I feel its a Huge diamond in the rough at current levels . 

Murphy has drilled recently near Stand off . In the Alberta Bakken.

 I will post comments from there last earnings report refering to there Southern Alberta Play .

"we have just seen our best well come on production. It IP-ed at over 300 barrels a day and has naturally flowed for 42 consecutive days near that level on a small choke. It's high-quality oil, and we are budgeted to drill and complete 2 more wells in this play this year with an ongoing review to increase that number based on this recent good news "

That is A HUGE well Right beside D3's backdoor where D3 has the biggest land position of anyone in the area. Just on Take out alone They deserve a much higher valuation. Not factoring there Brezeau Wells , and current production. I will continue to biuld my position in this company depending on Stock price action. Add on any weakness here and it will pay off . GLTA

 I am Long D3

 

 

Bullboard Posts