Gear Energy Ltd T.GXE

Alternate Symbol(s): GENGF

Energy Oil & Gas E&P

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

Gear Energy Ltd > Oil up biggly, GXE down

<< Previous

Bullboard Posts

Next >>

Comment by w8asecon Nov 04, 2022 12:33pm

164 Views

Post# 35073532

RE:RE:Oil up biggly, GXE down

Yes correct.... the Pro's eat first....and they somewhat feed off us retail investors...

however,

If you manage your expectations and aren't wanting to buy at the absolute low, nor sell at the absolute high....no-one would believe you anyway...

then buy value,,, collect the divy...someday in the future sell at a profit.(Not the high)...

....then you'll think to yourself....holy sh!!t that's how Warren Buffet invests.

geezer21 wrote:
Programmed trading is dominating the whole sector. Today's share price action has nothing to do with any one issue.

Check out the high/low coloumns.

All the oil company shares are came off their highs and are at their lows now.

https://money.tmx.com/en/canadian-markets