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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.

OTCQX:GXOCF - Post Discussion

Granite Oil Corp > How much more erosion does this board want to see?
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Post by Valueseeker18 on Dec 17, 2018 1:24pm

How much more erosion does this board want to see?

what gives - something more must be drastically wrong than what team is communicating. I wonder how many deals they passed on during the process? Probably time for another update managment!
Comment by traderlong2 on Dec 18, 2018 4:26pm
Enough is enough come on mamagement we are now a 17 million dollar market cap insane from 200 million is there something we dont know ?
Comment by Snowhouse on Dec 18, 2018 5:51pm
6.5 trading sessions remain in this year. $42 strong support for WTI, at least for short term. we are not far from there. Strong hedges go live in a couple of weeks. GXO sp at $1 means almost 100% from today's closing. Even at $1, GXO looked so cheap. In any case, multiple times return on the cards from here. Predicting the bottom is probably not my skill but I would catch the ...more  
Granite Oil Corp
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