Granite Oil Corp GXOCF

GXO getting close to $60 based on their direct to refinery

[Valueseeker18]

glad they are in extended blackout so we can buy more - if something is in the works the value for P+P reserves in the ground and a base 2000 bbl/day production (which would cost no less than $100 million to replicate if you could find a year round access field in a stable jurisdiction) this better be recognized so we can vote yes to a future deal. The go forward as well better be clearly articulated.

Chalk up the future cash flow in what will become a very inflationary environment to maintain these unsustainably low energy prices and this is a very very cheap stock. Maybe GXO should just crystallize next years hedges and pressure up the field by shutting in - give management a temporary layoff and send a EI claim into Trudeau with the rest of the suppliers - why give away reserve on the cheap due to lack of market access. GLTA