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Bullboard - Stock Discussion Forum 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... see more

TSX:GXE - Post Discussion

Gear Energy Ltd > This stock is garbage…
View:
Post by Bombyass on Apr 07, 2022 4:42pm

This stock is garbage…

Most of the oil stock up today and this pos is down almost every day
Comment by bonjovi501 on Apr 07, 2022 4:47pm
I can not argue with what you said. Very upsetting stock some days.
Comment by Gringotts on Apr 07, 2022 10:06pm
Bombyass...keep your eye on the prize. As long as WTI stays above $74, GXE will be debt free in less than three months. Think about that - "DEBT FREE!!" Maybe even debt free by May. At that point, Value will be returned to shareholders. Buybacks will be significant and a dividend will soon follow.  Today's price movement, though, disheartening is merely a blip. The next ...more  
Comment by CandyC on Apr 08, 2022 12:05am
When Gear spikes it spikes. 3 times in the last year it's gained 50% in a day or two. I expect a few more this year and be well over $3 by year end if oil stays above $90
Comment by ronz on Apr 09, 2022 4:56pm
A lot of oil stocks out there are showing support to current share prices and almost stagnant after having big run ups. From a technical stand point that is a good thing to show support at current levels so it can then go for another run as the next round of financials come out that will be amazing for almost all oil stocks with near or at record revenues and profits due to current prices. Good ...more  
Comment by Roscoe747 on Apr 09, 2022 8:06pm
I'm happily surprised that the stock is consolidating over $1.50 after such a big jump. It speaks to the interest in the stock, especially the larger buyers. The catalyst for higher share prices will be the AGM and the AAFS/21. Analysis, guidance etc is all forward looking speculation. The AAFS is where the speculation ends and the results are bankable.
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