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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 lashingon Jul 27, 2023 11:10am
114 Views
Post# 35559582

RE:Small minded investors just exited the chat

RE:Small minded investors just exited the chatIf you were capable of seeing anything you would have sold yesterday and bought back in today making a nice 10% gfor yourself in 24 hours. But you didnt because you didnt and do not see a dran thing. YOu argued in fact with those that did see this coming. You argued they were fools, idiots etc ....nope. Thats you. And here you are still arguing. I can only point and laugh at this point. Tried to be better to you but you make that impossible. Not worth an ounce of respect.


lovehockey wrote: Ok, so we have approximately 4 million shares sold to drive the stock down to 89 cents over slashed dividend. That represents approximately 2% of all GXE shares. What can I say - good riddance. Please never come back. If you were there only for 1 cent dividend and decided to sell an absolutely healthy company that made a dynamic decision to improve its balance sheet in a short term - you do not deserve to own this company. Gear will balance back nicely with everything considered. Selling it first day after the announcement is irrational. Waiting when it settles and regains its strength would have been much smarter.

At the end of the day we will gain much smarter investors who see the value in this company. 


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