Granite Oil Corp GXOCF

Year end report due March 21st

[giovinco]

I wonder if they will reinstate the dividend for April. They will have 3.0 to 3.5 million in free cash to reduce the debt for Q1, so they could reinstate the dividend back for Q2.
1 cent monthly dividend per share would cost them ~1.15 million per quarter, so they could pay back the debt with the 2 million remaining every quarter.

[Valueseeker18]

they should get their debt down to 25 million and production upto 3000 bbl’s per day before reinstating

[giovinco]

3000 bbls per day will never happen. No dividend for life.

[TheBridge]

Don't get too excited about what might be in the March 21st report, Kabanuk and the boys "always" and I mean "always" have themselves as the number 1 priority and I don't believe it will change.......it's not in their nature from my observations. They'll likely hand you another Boulder. The shareholders are only needed as a resource here to help them fill their

[MonsterInk2]

I don't like those bad boys always saying they are focusing on maximizing long-term value for its shareholders. The reality is the longer you hold, the more you loose. Saw the price from $9 all the way down to penny stock in the past four years.