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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 > Wanna jump in here
View:
Post by Bu11Bear on Apr 15, 2019 2:59pm

Wanna jump in here

But I see that short term debt creep up over the last quarter.
Comment by MonsterInk2 on Apr 15, 2019 6:38pm
Don't jump in. Keep an eye on it. The short sellers could do another round of short sell.
Comment by traderlong2 on Apr 15, 2019 7:37pm
Debt is back on the reduction finally They have already announced 3 to 3.5 million debt paid back Q1 This Puupy is coming back to life May 8th is the Q1 release should be 4 plus million free cash flow guessing they are currently drilling a well or 2 2 weeks in to Q2...... it also will be very cash poitive at these prices with out the divy and that kinda free cash flow with debt going in the right ...more  
Granite Oil Corp
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