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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 larsen6on Dec 10, 2013 10:19am
288 Views
Post# 21989549

RE:CIBC

RE:CIBCHi retiredcf:

Thanks for posting.  $11.50 sounds good to me.

The CFPS estimates will be all over the place until the price of WTI and the spreads settle down again.

Deethree are picking up land for next to nothing right now.  There is a glut of production for sale, which assists in this cheap purchasing.

Nobody seems to be trusting the bounce in WTI lately.  WTI up another $1 today, and DTX up a measly 8 cents.  Some days I scratch my head.

No matter, it has been great to get more shares under $9.  Just hope that it does not see $8.40 again, that was ugly.


L6 


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Dealroom for high-potential pre-IPO opportunities