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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 larsen6on Oct 30, 2013 9:58am
237 Views
Post# 21861283

Calm Before the Storm

Calm Before the StormNice and quiet on the DTX trading floor.  Just the way I like it. 

My thought is that shareholders are still nervous about further falling of $WTI and a wider spread.  Hence there are few buyers or sellers.  Market may be a little exhausted as well.

In any event, I am still picking up new shares at $9.10 - $9.15 prior to the Q3 release.

Who knows, maybe I am silly for buying at this level, but I am willing to take the calculated risk.



Larsen6
Bullboard Posts