Granite Oil Corp GXOCF

Q2 Monday

[traderlong2]

GLTA
I am expecting solid numbers
postive BPD increase
good cash produced
debt reduction
sure wish they would give a small Divy back
but getting the debt in check is smart in this new enviorment
come on Mike surprise us with something positive for a change
How about a 1.75 buy out ?
been really quiet on the news front

[Sjakkspill]

Looking to hit the presentation numbers from May so something like, debt = 41.2 and production = 1740. If we get that then the debt paydown would equate to around 18 cents a share since the start of the year. I would like to see the company continue on the current path with no dividend until the debt, daily producton and/or sale price per share start with the number 2.

[TheBridge]

Hope you're right on the bpd increase, good  cash revenue and debt reduction. I'd like Mike to concentrate on those items rather than wasting time trying to give the company away to friends on the cheap.

[Sjakkspill]

Slight miss on what I was expecting. I was looking for somewhere between 41 and 42 in debt reduction but then oil prices and differentials were not quite where they needed to be to meet the May presentation expectations so fair enough. At least the debt is going down. Missed by 50 boe on the production side but then again they kept more wells out in order to pressurize so fair enough here too. The