RE:RE:RE:RE:GXE one of Eric Nuttall's Top 3 picks todayDisagree. It SHOULD triple but it wont. Funds cant get into small caps and will flood into Cenovus, Suncor etc. Gear will likely get swalloed up by one of those if oil stays 80+ into 2022. Very attractive takeover as Gear becomes debt free, easy to pitch to large cap shareholders.
Meantime Gear is a bouncing ball that can pay the bills in swing trades.
Mtklip wrote:
GXE is not as leveraged, but they are nearing debt 0 and have about 25-30% FCF, which means they will be paying out about half of it soon. It's a triple from here.