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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 > The funny thing is...
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Post by SIGG1on Nov 15, 2017 10:01am
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Post# 26967162

The funny thing is...

The funny thing is...
that management said that the dividend was sustainable when oil was at 45$.
now it oil when from 57$ to 55$ everybody is freaking out and think that the dividend is not sustainable anymore. Stock went from 3.75 to 2.90.
Oil is 10$ more then it was a few weeks ago! Are people that stupid?!
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