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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

Comment by uogradon Aug 16, 2018 8:29am
255 Views
Post# 28470574

RE:RE:RE:Dividend

RE:RE:RE:Dividendfrom what I gleamed in the last press release they are meeting with their bankers on or before august 31 to get their bank line reapproved.  I can only assume this meeting has not happened yet because no banker in their right mind would let them to continue to pay this dividend.

15% looks pretty sweet to me but I think I will just have a mars bar for my sweet tooth and take a pass.
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