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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

Post by 2021Gambleon Mar 14, 2023 7:37am
144 Views
Post# 35336821

Another 11% dividend is in the bag ;)

Another 11% dividend is in the bag ;)
Just a reminder that today is ex-dividend here on GXE, and while we have to wait 2 more weeks for the deposit into our accounts, it's locked in ...

Some here are a little short sighted imo.  they look at the little pebble on the road and want to stop the car as if it is impassable to go any further...

But a pebble on the road... While a fear and gloom story for some, is a buying opportunity for others.

It is really a simple contrarian strategy buy on the red days, and you'll make money (real or on paoer) on the green days.  make no mistake, green days are coming, for O&G, as well as here on GXE.

So while the flipping between 1 and 1.15 continues as they try and wear the weakhearted into tiring out, keep this in mind....

Shorts are future buyers of the stock - so you've got a huge team right beside you ready to join you - but they're a pretty nasty bunch overall - always saying they are better than everybody else ... But you see, it's simply not true...

Cheers folks, and thanks for the divy GXE - much appreciated
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