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 > Double Bottom at $1.65

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Post by MonstersInc on Sep 11, 2018 12:10pm

Double Bottom at $1.65

Sellers are exhausted. Anything under $2 is a STEAL and the crooks wanting to take this company over knows it!

I have to hold my nose because of the stink and put a toe in. Maybe a foot. Maybe a big foot as soon I see that double bottom reached today sticks.

I do like the fact these people own a ton of infrastructure but you do have to have the stomach to weather the Canadian oil storm. The oil patch is ablaze financially. Oh my. The Canadian Government will have to start buying up oil rail cars.

Can it go lower? Of course! But you're paid 15% dividends on your cash waiting for the train or pipeline...

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