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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

Post by TheBridgeon Nov 19, 2019 11:22pm
150 Views
Post# 30372387

Two-Tier Takeout

Two-Tier TakeoutWhat I suspect is that when a company is bought out and goes private is that the management and insiders receive a higher buyout price for their shares than the regular joe shareholder.  So insiders just might have another reason to keep purchasing shares. Hope not but the Boulder experience makes me very suspicious.
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