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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 Oct 31, 2018 3:37pm
151 Views
Post# 28903572

RE:Not surprising

RE:Not surprisingthe only reason I can think of for not cutting it to zero would be so dividend funds that own it would be forced to sell out their position if there was no dividend but that is a stretch that only a black cat would be believe on halloween.

I think they hope this will keep the stock above a buck.
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