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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 > GXO on watch!
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Comment by agoldbloomon Dec 18, 2017 9:29am
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Post# 27177087

RE:GXO on watch!

RE:GXO on watch!Argh.  Cuts are never a good thing.  I'm expecting new 52 week lows today.  A little surprised that if they are cutting and will get blow back on the markets, why not cut more and get it over with.  Better to over cut now and throw that cash flow back in to developing their land.  Oh well. Looks like a red day ahead, question now is how low will it go?
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