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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 Maxmoeon Feb 26, 2024 4:12pm
61 Views
Post# 35899991

RE:"A bargain that remains a bargain is no bargain"

RE:"A bargain that remains a bargain is no bargain"Sounds like technical analysis to me at its most moot. The corollary would be a stock isn't overpriced if it stays overpriced? The problem is reality showing up. Like all technical "trends". It works until it doesn't. A stock goes up until it doesn't. Or, it trades sideways until it doesn't. Etc etc. it's all , 100%, hindsight, jibber jabber, after the fact, of no predictive value whatsoever mixed with a heaping helping of gaslighting. Just sayin. Gxe is a bargain, agreed. I'm good with that. 
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