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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

Post by uogradon Nov 10, 2017 8:08am
171 Views
Post# 26938011

pretty depressing press release

pretty depressing press releaseNothing very positive that is for sure.  Will likely buy and hold for negative if it drops 25 cents or so but other than the dividend nothing here to brag about.

Dividend will stay because insiders own 25% and want to get some of their money back each month.

With production decreasing I expect targets to drop by analysts if they even care anymore.
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