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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Gear Energy Ltd. is a Canadian exploration and production company with heavy and light oil production in Central Alberta, West Central Saskatchewan and Southeast Saskatchewan. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its properties include Celtic/Paradise Hill, Saskatchewan; Wildmere Area, Alberta; Wilson Creek, Alberta, and Tableland, Saskatchewan. The Celtic/Paradise Hill is located within Township 52, and Ranges 23 and 24 W3 and is approximately 40 kilometers northeast of Lloydminster, Alberta. The Wildmere field is located within Townships 47, 48 and 49, and Ranges 3, 4, 5 and 6W4, is approximately 200 kilometers southeast of Edmonton, Alberta. The property consists of approximately 24,325 gross (23,000 net) acres of lands. The Tableland property development is predominately focused on the Three Forks/Torquay formation, with minor production from the Bakken and Ratcliffe formations.


TSX:GXE - Post by User

Comment by Luckyelevenon Jun 06, 2022 7:40pm
131 Views
Post# 34735635

RE:RE:Another day.....

RE:RE:Another day.....You are totally correct, I was strictly talking the last couple of months as far as timeframe. Actually since the lows when oil went negative many have been 10-15 baggers like GXE. The ones that haven't risen as much were stocks that weren't at risk of goiing bankrupt like GXE and many others. If you look even at the 52 wk time frame most have done better than GXE but you are correct about being patient.  Also othr stocks didn't get hit the same fashion in the spring of 2020 where GXE went down to .11 as I rememember. I'm sure GXE will have it's days but right now it's under performing for sure.
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