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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.


OTCQX:GXOCF - Post by User

Granite Oil Corp
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Comment by rakethis1on Oct 17, 2012 2:19pm
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Post# 20494374

RE: NOT A BIBLE........

RE: NOT A BIBLE........

of course he is not a bible. He is a trader/investor. He is willing to take a flyer and be wrong once in while, making up for the losers with bigger winners. The thing i admire about him is he is not afraid to sell a stock or lose interest in a play and tell you about it. That adds credibility to me. How many people do you know fall in love with a play and ride it all the way down - professional advisers and/or retail investors alike?

There are great projects all over the place that turned into roadkill from bad financial management. SCS earns one of the highest netbacks in a North American oil play and where are they now? Theirs is a very marketable story.

DTX is in the same sector - they managed their balance sheet far better than SCS. As mjuch as we all beech and moan about the price of the financings, they are at ever higher prices and the balance sheet is in great shape.

If they screw it up I will punt them too.

 

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Dealroom for high-potential pre-IPO opportunities