Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Quintessential1on Jan 29, 2024 6:43pm
72 Views
Post# 35851583

RE:Quintessential

RE:QuintessentialPretty sure the numbers I posted are correct and the people that shouldn't be posting here are the ones that don't own.

Wow you're a big cry baby...go back and cry on your own stock's board the grown ups are trying to have a discussion about stocks they own.

GLTA


tylerreddick wrote: You said:

" I also noticed that longterm debt is just over $500k and net debt is $55 M
Could the net debt have something to due with the shut in inventory? "

If you can't even read a fiancial report, you shouldn't be investing your own money, and you certainly shouldn't be posting your nonsense here.

The net debt is made up of long term, current long term, and the deficit of accounts payable over accounts receivable, plus a few other odds and ends. If you don't understand that, you should quit posting.


<< Previous
Bullboard Posts
Next >>