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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil recoveries through the application of water flood technology. The key properties in the Central Alberta Light asset include Wilson Creek, Ferrier, Killam, Drayton Valley, and Chigwell.


TSX:GXE - Post by User

Post by Chefboy69on Dec 01, 2022 7:26am
152 Views
Post# 35142176

torque

torquecan anyone explain to me why this stock goes down and quite a lot when oil drops BUT does not move up when oil moves up

There is no torque to oil prices here. Is it the divi payments that the market is worried about?
I think so....as the arguement in here with the FUD lovers is can they pay the divi??
I see other stocks move up fast but not this one...it took 3 weeks for this to get to 1.39, then 1 week to back to 1.15
whats up???
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