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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Post by linericon Feb 06, 2018 11:27pm

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Post# 27516486

New short position

Over the last 15 days the outstanding short position increased from 880K to 1.22M. I guess the good news is that at some point they have to cover and this could help move the market upward.

The shorts can have a lot of power and it is hard to go against them but you never now how things will turn out. Iran or Russia could accidently lose control of a missle that inadvertantly hits the Saudi oil field and oil goes up o $110. lol

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