Bullboard - Stock Discussion Forum 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.

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OTCQX:GXOCF - Post Discussion

Granite Oil Corp > strange trading

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Post by wmstock on Sep 22, 2016 10:55am

strange trading

anyone knows what is up with this stock? why are we stuck close to the 52 week low?

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Comment by spacegimp on Sep 22, 2016 10:57am

not sure , just bought a bunch ... all the fundamentals look very solid , could be a takeover target ?

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Comment by spacegimp on Sep 22, 2016 12:56pm

$28 operating netback in Q2 and that was done on falling production as they converted weak producers to injectors , net back should go higher going forward - compare CPG operating netback Q2 of $23 , SGY also at $23

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Comment by TisGrandpa on Sep 22, 2016 1:08pm

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Comment by spacegimp on Sep 22, 2016 1:13pm

boulder was absolutely stretched with credit limit ,desperate situation ...really the opposite of this ,and I would suggest this half of DEETHREE was by far the best quality , but yeah somebody is definitely messing with share price- big 500 lot keeps switching from ask to bid

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Granite Oil Corp